Exceptional opportunity to purchase this potential development site in a prime position in the City of Dundee. The plot forms 4.75 acres of land and had detailed planning consent approved for 17 dwellings, access road and landscaping in 2010 (Ref 09/00247/REM) which was then extended to 15/02/2017 (Ref 13/00650/FULL). Planning permission has now lapsed however this incredible opportunity presents fantastic development potential and would be an ideal purchase for a builder/developer seeking a large development site in one of Scotland's main cities. A phase 2 ground condition report was carried out in 2015 and will be made available to all interested parties.
Prime potential development site Popular city location 4.75 acres Previous planning for 17 dwellings Phase 2 ground condition report available Area Located facing Longhaugh Road and bounded by Pitkerro Road, this excellent potential development site occupies a prime position in Dundee. The city lies on the north bank of the River Tay and is the principal city and administrative centre for Tayside. Dundee has a wide range of industrial and commercial activities ranging from oil industry support to medical and health research. There is a significant student population and the city centre is being transformed by the Dundee Waterfront project. Public transport and road communications are excellent with the A90 to Perth, Edinburgh and Aberdeen and the A92 to Arbroath, Montrose and Stonehaven.
Local Authority Dundee City Council
Additional Fees Administration Charge - Purchasers will be required to pay an auction fee of £2,000 inc VAT unless otherwise stated Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Viewing Times Please call Auction House Scotland on 0141 339 4466 to arrange a viewing
Development Site At, Pitkerro Road, Dundee, DD4 8ES
Type: Land, Commercial Land
Development Site At Pitkerro Road, Dundee, DD4 8ESGBDundeeCity of DundeeDD4 8ESDevelopment Site At, Pitkerro Road
This spacious one bedroom ground floor main door flat is located in a popular residential area of Dundee and is close to a variety of local amenities and public transport routes. The property presents a fantastic opportunity to a variety of different buyers due to the potentially high rental yield of over 15% and the very keenly set Guide Price. Accommodation on offer comprises main door entrance, L-shaped entrance hallway, good sized lounge, fitted kitchen, double bedroom with built in storage cupboards and three piece bathroom. The property benefits from electric heating system, double glazing, a private fenced off front garden with drying area and well maintained communal grounds to the front and rear. Interest in this property will be high so early viewing is advised. The property is of non-standard construction so therefore lending may be restricted which would favour a cash buyer.
Home Report £28,000 Fantastic potential rental yield of over 15% Perfect first time buy Popular residential locale Close to local amenities Main door entry Potential rental value £343pcm at LHA rate / £4,120pa Area The property is well located and offers easy access to local shopping and all amenities of Broughty Ferry and Dundee. Broughty Ferry offers some lovely restaurants and cafes and Dundee is host to Dundee and Abertay universities, Ninewells Hospital, Dundee Airport and Rail Station, The Technology Park and an array of cultural events.
Comparables 13 Swallowtail Court: Sold for £27,500 03/18 2 Chalkhill Court: Sold £32,100 10/17
Energy Efficiency Rating (EPC) Current Rating D
Local Authority Dundee City Council
Additional Fees Administration Charge - Purchasers will be required to pay an auction fee of £2,000 inc VAT unless otherwise stated
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Viewing Times Tue 18 Sep 14:15-14:30 Tue 25 Sep 14:15-14:30 Tue 2 Oct 14:15-14:30