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Brunton Road, Markinch, Fife KY7 Land for sale

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Brunton Road, Markinch, Fife KY7 Land for sale

Brunton Road, Markinch, Fife, KY7 6DW
£195,000

Our Summary

  • We are excited to present this Land with Planning and Building Warrant granted for 3x 4 bedroom houses, located within a prime location in Markinch, Fife
  • The property offers remarkable potential for residential development, making it an enticing opportunity for investors and developers alike
  • The planning reference is 21/00257/Full
  • We are excited to present this land with planning and building warrant granted for 3x 4 bedroom houses, located within a prime location in Markinch, Fife
  • Full planning consent has been granted on 14th March 2022 for erection of 3 dwelling houses, under planning ref 21/00257/Full with development commencement notice issued on 14th August 2023   Situated in a desirable residential area, this location is ideal for future residents seeking a community atmosphere and convenience
  • This property is offered at a fantastic price to ensure an Auction sale
  • The property will feature in our upcoming timed online auction
  • To participate in the live auction, you must have a bidding account created

Description

This prime new listing is a cleared and levelled land plot in Markinch, Fife, with planning and building warrant granted for three 4-bedroom houses. The property offers remarkable potential for residential development, with full planning consent granted in March 2022 and a development commencement notice issued in August 2023. The location is desirable, with similar properties in the area commanding rentals of approximately £1,400 to £1,500 per month. This could yield a strong gross return of 8.6% to 9.23% if secured at the guide price, making it an attractive proposition for investors. The property is being offered at a fantastic discount to ensure a sale, with excellent sales evidence in the area, including recent sales of similar properties for £450,000 and £477,500. The property is open to immediate offers and will feature in an upcoming timed online auction.