 Description:

Address: North Burnside, Luthermuir
Zip Code: AB30 1QB
Distance to town center: Approximately ½ mile

Property Details:

1. Outline planning for the erection of 2 dwellinghouses
2. Buildings site area

Investment Analysis:

As a potential real estate investment, this property offers the unique opportunity to construct two dwellinghouses on the site. The price of £80,000 for the plot appears to be a bargain, considering that the potential return on investment depends on various factors. These factors include the projected cost of construction, market demand for the finished homes, and any potential environmental or developmental restrictions in the area.

Currently, the location is further away from the town center. This could have both advantages and disadvantages. On one hand, it may provide more peace and quiet, with cleaner air and a lower volume of local traffic. On the other hand, it may be a bit further from local amenities such as shops, restaurants, and public transportation.
 Investment risk may be relatively low, compared to an intact property with diminishing returns. For potential lifestyle buyers, this plot offers the opportunity to have a direct influence on the design and building process of the future homes to their liking. Overall, this property may appeal to investors who see the potential for a high return on investment, as well as people who wish to live in a custom-built home in a serene environment.


PROPOSAL: Building site with outline planning for the erection of 2 dwellinghousesLOCATION: North Burnside, Luthermuir AB30 1QB Approximately ½ a mile to the E

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