Land for sale
Land, 14 Macdowall Street, Johnstone, PA5 8QL
Offers Over
£149,000
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
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Floorplans
Externally hosted floorplan
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Map & Street View
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Nearest stations
- Johnstone (0.5 mi)
- Milliken Park (1.0 mi)
- Howwood (2.5 mi)
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Schools
There are no nearby secondary schools found.
Nearby Schools:
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Market Info
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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