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Morris Rd - Development Site 0.83 Acres of Commercial Land Offered at £425,000 in Newtongrange EH22 4ST
INVESTMENT HIGHLIGHTS
- Sure to appeal to investors looking for an excellent development opportunity. Plot comes with 2 options of expired planning permission
- Plot is situated in a sought after area for the development of residential property
- Fantastic residential sales evidence in the area. Excellently priced plot.
EXECUTIVE SUMMARY
Planning permission application 16/00207/DPP was initially sought but rejected. Application 16/00809/DPP was then applied for and granted. Following this an appeal was made for application 16/00207/DPP which was approved. Both sets of planning permission have expired so the new owner of the land looking to develop would need to apply for the planning to be renewed. The local area has shown some great sale evidence recently showing there is high demand
PROPERTY FACTS
| Price | £425,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Auction Sale | Proposed Use | Single Family Residence |
| Tenure | Freehold | Total Plot Size | 0.83 ac |
| No. Plots | 1 |
| Price | £425,000 |
| Sale Type | Investment |
| Sale Condition | Auction Sale |
| Tenure | Freehold |
| No. Plots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Single Family Residence |
| Total Plot Size | 0.83 ac |
1 PLOT AVAILABLE
Plot
| Price | £425,000 | Total Plot Size | 0.83 ac |
| Price Per ac | £512,048.19 |
| Price | £425,000 |
| Price Per ac | £512,048.19 |
| Total Plot Size | 0.83 ac |
Plot extends to approximately 0.83 acres. Impressive size for guide price. Sure to appeal to investors looking for an excellent development opportunity . Attractive opportunity with incredible potential for capital growth
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Morris Rd - Development Site
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