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Pitgaveny Street, Planning Permission... Flat for sale
Pitgaveny Street, Planning Permission Granted, Lossiemouth IV31
£125,000
Pitgaveny Street, Planning Permission Granted, Lossiemouth IV31
£125,000
Our Summary
- FANTASTIC DEVELOPMENT OPPORTUNITY
- *PLANNING PERMISSION GRANTED for conversion to 8 x Serviced Apartments and 2 x commercial units* in stunning location on Lossiemouth Harbour
- The ground floor commercial units offer potential rental income of up to £6,000 per annum per property- giving an additional potential income of £12,000 per annum
- Auction Details30 October 2025, 10am-3pm Timed Online AuctionHow to Bid Now Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY
- Future Property Auctions - Scotland's Largest Land and Property Auction House
- AUCTION DATE: 30 October 2025
Description
This is a fantastic development opportunity in Lossiemouth Harbour, Moray, Scotland, where planning permission has been granted to convert the property into 8 serviced apartments and 2 commercial units. The location is stunning, set on the Speyside Malt Whisky Trail and overlooking the harbour, which generates massive demand for short-term accommodation. The serviced apartments could generate an income of over £320,000 per annum, assuming 75% occupancy rates, while the commercial units could add an additional £12,000 per annum. The property is a 100% prime investment opportunity, offering a super location with access to local attractions and stunning views of the harbour, which is largely filled with pleasure boats and yachts all year.