AB Properties says ..
DEVELOPMENT OPPORTUNITY. Potential for builder / developer. Land is approx 825 sqm Exciting opportunity to acquire a development plot in the popular village of Shotts in North Lanarkshire. This land offers excellent potential for development subject to planning. Planning applic...
Property Oracle says ..
This property is a development plot located in Shotts, North Lanarkshire, listed at £34,995. The land is relatively large and appears suitable for a new build project, according to the supplied planning documents showing designs for a house. However, the site is currently overgrown and requires significant clearance and preparation before construction can begin. The surrounding area offers a train station at a reasonable distance, but the lack of nearby schools and the precise nature of the neighbourhood need further exploration. The low listing price reflects the ‘as is’ condition of the land and the inherent risk involved in development projects, especially when including the need for planning permission and all the associated works. Potential buyers should thoroughly investigate planning permissions, costs of land preparation and construction, potential building regulations, and any environmental considerations before committing. The absence of key property details, such as precise dimensions and buildable area, makes a full assessment challenging. A professional valuation from a qualified surveyor would be recommended to any prospective buyer before making any decisions on this property.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 2
- Location
- 4
- Land
- 5
- Bedrooms
- 0
- Bathrooms
- 0
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
- 925,000.00 £Increased by 139.51 %
- Average area rental value
- 825.00 £/moDecreased by 10.71 %
- Est rental Yield
- 1.07 %Decreased by 62.72 %
- Crime Rate
- 0.00 %
Agent Activity
AB Properties created the listing.
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Hirst Gardens | £ 35,000 | 0 | 0.00 KM |
| Springbank Road | £ 0 | 0 | 0.00 KM |
| Minard Road | £ 0 | 0 | 0.00 KM |
| Quarry Street | £ 0 | 0 | 0.00 KM |
| Baton Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Shotts | 9739 | SHS | 1.96 KM |
| Hartwood | 9246 | HTW | 3.08 KM |
| Blackridge | 991 | BKR | 9.68 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Bridge End, Shotts | £ 34,995 | BUY | 4 / 10 | 0.00 KM |
| Plot at Bridge End, Shotts, Lanarkshire | £ 15,000 | BUY | 5 / 10 | 0.12 KM |
| Burnside Crescent, Shotts | £ 115,000 | BUY | 7 / 10 | 0.29 KM |
| Den Lane, Shotts, ML7 4JW | £ 109,000 | BUY | 6 / 10 | 0.32 KM |
| Pipers Court, Shotts | £ 115,000 | BUY | 6 / 10 | 0.50 KM |