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Davidson Street, Airdrie ML6 Land for sale
Davidson Street, Airdrie ML6
£65,000
Davidson Street, Airdrie ML6
£65,000
Our Summary
- *GUIDE PRICE £75,000* 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, 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
- 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 c
- 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
Description
This 1-acre plot in Armadale, North Lanarkshire, offers a unique development opportunity for a shrewd developer or investor. With planning permission approved for a 4-bedroom dwelling, the property has the potential to generate a gross income of £73,000 per annum as a serviced accommodation or short-term let. The plot is situated in a sought-after area with excellent transport links to major central business districts, making it appealing to commuters. The local sales evidence suggests that the area is desirable, with recent sales of similar properties achieving high prices. The plot is being offered at a guide price of £75,000, with the potential for a GDV of circa £650,000 upon acceptance of planning permission. This is an attractive opportunity for a developer or investor looking for a high-yielding project.