Deadline for Offers

16 April 2021, 4pm

Bidding Closes in

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  • TypeLand
  • Ownership Freehold
  • Occupation Vacant
  • Bedrooms 0

Description

Full Address:  Development Site Lochleven Road, Lochore Lochgelly, KY5 8DA

*** EXCELLENT SITE WITH VAST POTENTIAL *** Development site located adjacent to the main road through the village of Lochore in Fife.

L-shaped extending to approximately 0.49 acres (0.198 hectares). Gross expected completion value £1,600,000 - £1,980,000

Planning has been applied for 44 flatted dwellings. this is a mix of 1 bedroom and 2 bedroom properties. (Fife Council application reference 15/01779/PPP)

Sure to appeal to Builders and developers looking for a Great return on Investment. For further details please call our Edinburgh sales office on 0131 225 2299.

Large Site in an excellent location near the ever popular Lochore Meadows Country Park. A greater range of facilities is available at nearby Lochgelly, Cowdenbeath or Dunfermline.

Freehold Exciting Development Opportunity Site Extending To 0.49 Acres Planning Permission In Principle For Residential Development Local Amenities Nearby Flexible Development Options. Planning has been applied for 44 flatted dwellings. this is a mix of 1 bedroom and 2 bedroom properties. (Fife Council application reference 15/01779/PPP). Gross expected completion value £1,600,000 - £1,980,000. 1 to 2 bedroom flats within the area would command a market value of £40,000 - £45,000 per unit. Sure to appeal to Builders and developers looking for a Great return on Investment. For further details please call our Edinburgh sales office on 0131 225 2299.

Lochore is a former mining village in Fife being approximately 3 miles north of Lochgelly and around 15 miles north west of Fife’s largest town Dunfermline. Edinburgh is also easily reached being only 25 miles to the south making commuting to larger Fife towns or even Edinburgh feasible. A range of local retail and leisure facilities are nearby including the ever popular Lochore Meadows Country Park. A greater range of facilities is available at nearby Lochgelly, Cowdenbeath or Dunfermline.

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Location

Pricing Information & Bidding

Guide Price: £220,000


What is a Guide Price... Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change prior to the auction.

Offer Now... You may submit an offer now on this property for the owner to consider ahead of the set auction. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 2.5% of Sale Price (Minimum £2,500 + vat)

* STANDARD TERMS are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

Auction Details

Date & Time: 16 April 2021, 4pm
Type: Deadline for Offers

View Full Auction Catalogue

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