Planning Permission Granted,  St.... Land for sale

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Planning Permission Granted, St.... Land for sale

Planning Permission Granted, St. Patricks Road, Lanark, South Lanarkshire, ML11 9EG
£98,000

Our Summary

  • Description- INCREDIBLE INVESTMENT OPPORTUNITY - 1
  • - Planning was granted on 30th June 2023
  • Planning reference: P/22/1446
  • - Houses in the same postcode averaged £314,502 over the last year and chalet income at 75% occupancy has potential to be a whopping £70,000 per annum

Description

This is an incredible investment opportunity to purchase a 1.6-acre site with existing planning consent for three chalets for tourist accommodation and a guest house with integrated owners' accommodation and on-site parking. The property is located in a stunning semi-rural area, just off St Patrick's Road, with easy access to amenities in the nearby town of Lanark. The planning consent was granted on June 30, 2023, and the plans are available on the South Lanarkshire Council planning portal. With an average house price in the same postcode of £314,502 and potential chalet income of £70,000 per annum at 75% occupancy, this is a rare find at this price. The town of Lanark is situated 20 miles south east of Glasgow and 30 minutes south west of Edinburgh, with excellent public transport links to both cities and quick access to the M74. The property offers a high-yielding investment combined with a high-yielding lifestyle, making it an attractive opportunity for those looking to invest in the tourism industry.