£625,000 Guide price
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.
By appointment through McEwan Fraser Legal on Perth 01738 500 655
McEwan Fraser Legal are open 7 days a week: 8am - Midnight Monday to Friday &9am - 10pm Saturday &Sunday to book your viewing appointment.
This house description is based upon information supplied by the owner, or on behalf of the owner. These property particulars are produced in good faith and do not constitute or form part of any contract. s1homes do not take any responsibility for the accuracy of the information contained in this document.
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Registers of Scotland is a government body responsible for compiling and maintaining property registers. There can be a delay of up to 3 months from when a property is sold to being recorded with Registers of Scotland. We provide house price data for your information only, we do not accept any liability for any errors.
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