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Land for sale

Land, 14 Macdowall Street, Johnstone, PA5 8QL

Offers Over £195,000

Property Description

Full description

Planning

Planning permission was previously granted on the 13th May 2008 (08/0119/PP) for the erection of ten apartments, a commercial unit, access road and parking, however, this planning has since lapsed. New drawings have been produced to construct two separate blocks, comprising of 14 one and two bedroom apartments with parking, drawings included. It should be noted that these revised plans have not been submitted to Renfrewshire Council for approval. It is also assumed that the site has no onerous burdens or restrictive servitudes within the title.

Gross Floor Areas for the proposed drawings are as follows:

Block A - 6 Apartments
2 x Two Bedroom Apartment - 60.42 Sq M
4 x Two Bedroom Apartment - 50.92 Sq M

Block B - 8 Apartments
3 x One Bedroom Apartment - 50.92 Sq M
1 x One Bedroom Apartment - 44.86 Sq M
1 x Two Bedroom Apartment - 53.43 Sq M
3 x Two Bedroom Apartment - 56.83 Sq M

14 Apartments in total

17 Parking Spaces

Residential Sales Value

Due to the popular location we feel demand will be high for these units, once constructed, and if planning is approved. We have carried out our own market research and spoken to a local chartered surveyor and would suggest the following re-sale valuations. Valuations are based upon the revised drawings that have not yet been submitted to Renfrewshire Council for approval.

Block A
2 x Two Bedroom Apartment - 60.42 Sq M
£105,000 x 2 = £210,000

4 x Two Bedroom Apartment - 50.92 Sq M
£100,000 x 4 = £400,000

Block B
3 x One Bedroom Apartment - 50.92 Sq M
£85,000 x 3 = £255,000

1 x One Bedroom Apartment - 44.86 Sq M
£82,500 x 1 = £82,500

1 x Two Bedroom Apartment - 53.43 Sq M
£105,000 x 1 = £105,000

3 x Two Bedroom Apartment - 56.83 Sq M
£107,500 x 3 = £322,500


TOTAL (Potential) GDV = £1,375,000


Services

We believe that all main services are located in the vicinity of the site. There are residential dwellings in the locale, which all have access to services. However, prospective purchasers should make their own enquiries with the appropriate service providers.


More information from this agent

Listing History

Added on Rightmove:
03 June 2016

Nearest stations

  • Johnstone (0.5 mi)
  • Milliken Park (1.0 mi)
  • Howwood (2.5 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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To view this property or request more details, contact:

McEwan Fraser Legal, Scotland

Claremont House 130 East Claremont Street Edinburgh EH7 4LB

0131 291 0140 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans

Externally hosted floorplan


To view this property or request more details, contact:

McEwan Fraser Legal, Scotland

Claremont House 130 East Claremont Street Edinburgh EH7 4LB

0131 291 0140 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Johnstone (0.5 mi)
  • Milliken Park (1.0 mi)
  • Howwood (2.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

McEwan Fraser Legal, Scotland

Claremont House 130 East Claremont Street Edinburgh EH7 4LB

0131 291 0140 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference MFL8155504. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by McEwan Fraser Legal, Scotland. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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