Our Summary

Planning has been approved for a 4 bedroom dwelling/house which is sure to appeal to a shrewd developer looking for a high returning project, with local sales evidence to support

Land has vast potential to be developed further, and is situated with fantastic transport links to major central business districts such as Edinburgh, Glasgow and Livingston

Land has vast potential to be developed further, and is situated with fantastic transport links to major central business districts such as Edinburgh, Glasgow and Livingston, making it appealing to commuters

Subject to necessary planning and consents

*** 24/00835/FUL *** Upon acceptance of planning permission, the potential GDV of the land is circa £650,000

Impressive plot makes for a generous development opportunity suited for a seasoned developer subject to regaining the correct planning

) *** Planning reference: 24/00835/FUL Excellent sales within the area showing that it is a desirable and appetising area: *** Marchmont, Victoria Place, Airdrie, Lanarkshire, ML6 9BY, Sold for £860,000 for August 2024, 33, Victoria Place, Airdrie, Lanarkshire, ML6 9BU Sold for £735,000 in July 2024 *** Sure to appeal to a variety of buyers

Attractive opportunity, subject to researching and regaining necessary planning permission

This land is offered at a fantastic price to ensure an Auction sale

The land will feature in our upcoming timed online auction

To participate in the live auction, you must have a bidding account created

Description

The property is a 1-acre plot (43,560 square feet approx.) located in the town of Armadale, nestled in North Lanarkshire. Planning has been approved for a 4-bedroom dwelling/house on the site, with a potential Gross Development Value (GDV) of circa £650,000. The land offers significant potential for development, with nearby properties selling for high prices, including £860,000 and £735,000 in recent sales.