Plot 1, Land Adjacent to Powmill Cottage, Kinross-shire, Rumbling Bridge, KY13
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Plot 1, Land Adjacent to Powmill Cottage, Kinross-shire, Rumbling Bridge, KY13

By Andersons Solicitors

£ 160,000

Reviews

2 out of 5 stars

Andersons Solicitors says ..

Two adjacent large Building Plots excellently situated in this popular Kinross-shire village location. The plots have attractive aspects to front and rear and Full Planning Permission exists for the erection of 2 Single Storey Dwelling Houses and Double Detached Garages with Office U...

Property Oracle says ..

This listing presents an opportunity to acquire a building plot in the scenic Kinross-shire region of Scotland. The property consists of two adjacent plots with full planning permission for the construction of two single-story houses with double detached garages and office spaces. The current condition of the land is undeveloped, requiring significant preparation prior to building. Photographs indicate a plot that’s mostly gravel, with some remnants of previous works. While the location is desirable in the sense that it is in a picturesque area near Powmill (an area with higher property prices), the absence of detailed information about local schools and transportation is important to note. The list price is relatively reasonable when considering other plots with similar planning permission in the area. Buyers should factor in the substantial costs associated with development, such as groundwork, utilities and construction. While the potential long-term return is promising, the property is a significant investment that requires careful consideration of potential risks and costs. The lack of existing structures also means there is no existing property to assess condition of.

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

Price
7
Condition
4
Location
7
Land
5
Bedrooms
0
Bathrooms
0
Sqft (est)
2,512.30

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
364,143.00 £
Decreased by 3.05 %
from 375,584.00 £
Est sale value
723,542.40 £
Increased by 274.03 %
from 193,447.10 £
Average area rental value
1,800.00 £/mo
Increased by 66.67 %
from 1,080.00 £/mo
Est letting value
2,512.30 £/mo
from 0.00 £/mo
Est rental Yield
5.93 %
Increased by 71.88 %
from 3.45 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Andersons Solicitors created the listing.

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Mill Gardens £ 000.00 KM
Blairhill Drive £ 300,00000.00 KM

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