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Brunton Road, Markinch, Fife, KY7 6DW

Guide Price
£195,000

Business rates & charges may apply

Prime Property, Glasgow
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Land for sale

Key features

  • PRIME NEW LISTING. We are excited to present this Land with Planning and Building Warrant granted for 3x 4 bedroom houses, located within a prime location in Markinch, Fife.
  • **3, Howiegate Gardens, Glenrothes KY7 6BG sold for £450,000 in October 2022, 9, Northall Road, Glenrothes KY7 6JR sold for £477,500 in May 2022**
  • For rental purposes, 4-bedroom properties in this desirable area are commanding rentals of approximately £1,400 to £1,500 per calendar month (£16,800 to £18,000 per annum).
  • The property offers remarkable potential for residential development, making it an enticing opportunity for investors and developers alike. The planning reference is 21/00257/Full.
  • Situated in a desirable residential area, this location is ideal for future residents seeking a community atmosphere and convenience.

Description

PRIME NEW LISTING. We are excited to present this Land with Planning and Building Warrant granted for 3x 4 bedroom houses, located within a prime location in Markinch, Fife.




**3, Howiegate Gardens, Glenrothes KY7 6BG sold for £450,000 in October 2022, 9, Northall Road, Glenrothes KY7 6JR sold for £477,500 in May 2022**




For rental purposes, 4-bedroom properties in this desirable area are commanding rentals of approximately £1,400 to £1,500 per calendar month (£16,800 to £18,000 per annum). This incredible opportunity could yield a strong gross return of 8.6% to 9.23% if secured at the guide price, making it an attractive proposition for investors.




The property offers remarkable potential for residential development, making it an enticing opportunity for investors and developers alike. The planning reference is 21/00257/Full.




Situated in a desirable residential area, this location is ideal for future residents seeking a community atmosphere and convenience.




PRIME NEW LISTING. We are excited to present this land with planning and building warrant granted for 3x 4 bedroom houses, located within a prime location in Markinch, Fife.




The property comprises a cleared and levelled site measuring 0.3 acres, 13,068 sq ft, or 1,214 sq m.




For rental purposes, 4-bedroom properties in this desirable area are commanding rentals of approximately £1,400 to £1,500 per calendar month (£16,800 to £18,000 per annum). This incredible opportunity could yield a strong gross return of 8.6% to 9.23% if secured at the guide price, making it an attractive proposition for investors.




The property offers remarkable potential for residential development, making it an enticing opportunity for investors and developers alike. The planning reference is 21/00257/Full.




Full planning consent has been granted on 14th March 2022 for erection of 3 dwelling houses, under planning ref 21/00257/Full with development commencement notice issued on 14th August 2023




Situated in a desirable residential area, this location is ideal for future residents seeking a community atmosphere and convenience.




The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.




Excellent sales evidence in the area:

**3, Howiegate Gardens, Glenrothes KY7 6BG sold for £450,000 in October 2022, 9, Northall Road, Glenrothes KY7 6JR sold for £477,500 in May 2022**




This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our "Offer NOW" button on our website.




This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.




For further details on how to have a bidding account created, please contact the team.




Location




Markinch is a charming town in Fife, known for its rich history and picturesque surroundings. With excellent transport links and amenities, it offers both tranquillity and convenience for residents.

Brunton Road, Markinch, Fife, KY7 6DW

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Markinch Station0.2 miles
  • Glenrothes with Thornton Station2.9 miles
  • Ladybank Station4.9 miles

About Prime Property, Glasgow

100 West Regent Street, Glasgow, Scotland G2 2QD

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 221646072. 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 Prime Property, Glasgow. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Prime Property, Glasgow on 0141 673 3554.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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