Prime Property Auctions (Scotland) Ltd says ..

Property Oracle says ..

This listing presents a development opportunity in Airdrie, North Lanarkshire. The key feature is the substantial 1-acre plot of land located on Davidson Street. Planning permission is already approved for a four-bedroom dwelling, streamlining the development process. The location is described as being in a sought-after area within Airdrie, close to the train station, offering convenient transport links. However, the provided photographs reveal that the land is currently overgrown and requires significant preparation and clearance before construction can commence. Potential buyers should factor in the cost of groundworks, site preparation, and potential environmental surveys. While the list price might appear reasonable relative to surrounding property values given the size of the plot and approved planning permission, the condition of the land should be carefully assessed and the significant costs associated with site preparation should be fully considered. The lack of information about schools and other amenities in immediate proximity could be a factor for some buyers. Overall, this represents a project for developers who can evaluate the costs and manage the risks of land preparation before construction, and the lack of infrastructure in the immediate surrounding area may influence the final price paid

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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