We are excited to present this Great size plot - 1 Acre (43,560 square feet approx.) in sought after area nestled within the bustling and cultural town of Armadale.
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. *** 24/00835/FUL ***
*** 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 ***
Once constructed, the property could achieve £250 per night as a serviced accommodation or as a short term let, generating a fantastic gross income of £73,000 per annum based on a 80% occupancy rate. Sure to appeal to a shrewd investor.Â
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.
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We are excited to present this Great size plot - 1 Acre (43,560 square feet approx.) in sought after area nestled within the bustling and cultural town of Armadale.
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. *** 24/00835/FUL ***
Upon acceptance of planning permission, the potential GDV of the land is circa £650,000. Sure to appeal to a shrewd developer looking for a high yielding opportunity.
Impressive plot makes for a generous development opportunity suited for a seasoned developer subject to regaining the correct planning. *** 1 Acre (43,560 square feet approx.) ***
Planning reference: 24/00835/FULÂ
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 lot is open to immediate offers. Should you wish to offer NOW, you can do so via our "Make an Offer" button on our website.
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. For further details on how to have a bidding account created please contact the team.
Location:
Nestled in the heart of North Lanarkshire, Airdrie is a bustling town known for its blend of urban convenience and peaceful residential areas. Positioned approximately 12 miles east of Glasgow, Airdrie benefits from excellent transport links, making it a popular choice for commuters. With regular train services and easy access to the M8 motorway, both Glasgow and Edinburgh are within comfortable reach.
The town itself boasts a wide array of local amenities, including shopping centres, restaurants, and leisure facilities. Airdrie's friendly community and strong sense of local pride are reflected in its well-maintained parks, sports clubs, and cultural events. Families are drawn to the area for its reputable schools, while nature lovers enjoy nearby scenic walks and countryside.
In recent years, Airdrie has seen significant investment in infrastructure and development, making it an attractive location for both residential and commercial interests. Its strategic location and vibrant community spirit make Airdrie a desirable place to live and invest.
