Land at Brunton Road, Markinch, Fife, KY7 6DW

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.

Map

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.