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Guide price
£625,000

Property for sale

Altamount Gardens Coupar Angus Road, Blairgowrie, PH10 6JN
Property
Added > 14 days

Features and description

We are delighted to present a unique freehold development opportunity for discerning developers and investors: a mature site spanning just over 1.2 acres, complete with serviced plots for 10 new lodges.

This exceptional offering includes three terraced lodges, one pair of semi-detached lodges, and five detached lodges, each designed to seamlessly blend with the aesthetically pleasing lodges in the adjacent development. The site, meticulously planned and ready for construction, is priced at £625,000 for all ten plots. The build cost is approximately £90,000 per lodge depending on client specification, and a highly reputable builder, who constructed the 6 phase 1 Lodges, is available to ensure a smooth and efficient build process for the buyer. This builder’s expertise guarantees that the new lodges will maintain the high standards set by the existing structures, ensuring consistency and quality throughout the development.

Financial projections for this development are highly attractive. Upon completion, the detached lodges are estimated to fetch from £225,000 each, while the semi-detached and end-of-terrace lodges are projected to fetch from £210,000 each, and the mid-terrace lodge is anticipated to sell for £200,000.

In addition to the primary construction area, the site includes additional land that can be utilised for equipment storage during the build phase. This space also holds potential for future use as additional parking or the erection of a detached Garage / Barn, enhancing the overall functionality and appeal of the development.

Located within an active holiday let site, this development benefits from a well-established infrastructure. The current owners offer comprehensive support for any developer looking to capitalise on the lucrative holiday rental market. Their experienced team can manage all aspects of Airbnb and private rentals, from check-ins to maintenance, providing a seamless service for holidaymakers and ensuring high occupancy rates.

Ground maintenance is efficiently managed by an existing team if required covering essential services such as grass cutting, hedge trimming, and waste management, thereby preserving the site’s pristine condition year-round.

This development represents a fantastic opportunity to either retain the lodges as holiday rentals, tapping into a thriving market, or to sell them off individually to private buyers, reaping considerable profits. The owners are eager to discuss the site’s potential and any other details during your visit, ensuring you have all the information needed to make an informed investment decision.

In summary, this site offers a rare chance to develop high quality Lodges in a sought-after location, with robust financial projections and comprehensive support from experienced professionals.

Property information from this agent

About this agent

Mcewan Fraser Legal - Edinburgh
Mcewan Fraser Legal - Edinburgh
130 East Claremont Street Edinburgh EH7 4LB
0131 268 2152
Full profileProperty listings
McEwan Fraser Legal is an award-winning Solicitors and Estate Agents. We have properties for sale all over Scotland including Edinburgh and Glasgow. We specialise in the sale of both residential and commercial properties. With a proven track record, we strive to provide the best service an Estate Agents can offer; our Property Matching database benefits both sellers and buyers as it matches buyers to their ideal property.
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