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Lossiemouth Road, ELGIN, IV30

£350,000

Business rates & charges may apply

CCL Property, Elgin
SIZE

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SECTOR

Plot for sale

Floor/Site plan 1
1

Key features

  • Full permission for 12 flats
  • Superb location
  • Short distance from Elgin town centre
  • Generous plot size
  • Services on site
  • Viewing Recommended

Description

The proposed development of 12 flats at Newfield House in Elgin presents a compelling investment opportunity, particularly given the current dynamics of the local housing market. Elgin is experiencing a significant shortage of rental properties, with demand far outstripping supply. This scarcity is driven by landlords opting to sell properties rather than rent them out, influenced by rising mortgage costs and regulatory challenges. Consequently, rental properties are highly sought after, often receiving multiple viewing requests shortly after being listed.

The planned flats at Newfield House are designed to meet this demand effectively. Each block will contain four flats, with two on the ground floor and two on the first floor, all featuring separate access. The flats will include an entrance hall, two bedrooms, a bathroom, and a kitchen/living area, making them attractive to a wide range of potential tenants and buyers. This type of property is in high demand, as evidenced by the rapid turnover of available rentals in the area.

Investors will find the Elgin housing market promising, as property prices have been on the rise and are expected to continue increasing due to ongoing development and regeneration projects in the town. The combination of a strong demand for rental properties and the upward trend in property values makes this development a strategic investment. Planning documents and related drawings for the project can be accessed online using references 09/02161/APP and 11/00233/APP.



Planning Permission

Planning documents and the related drawings can be accessed online. Reference : 09/02161/APP & 11/00233/APP.

Brochures

Lossiemouth Road, ELGIN, IV30

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Elgin Station1.4 miles

About CCL Property, Elgin

62 High Street, Elgin, IV30 1BU

We are an Estate Agent based in the City of Elgin, the capital of Moray, in the North East of Scotland. We are specialist sales professionals in managing the sale and purchase of Residential Properties. We offer a local service with a national marketing platform whatever your location. We are here to provide an exceptional level of service to our clients and make the buying and selling process as smooth and stress free as possible.

Whether you are looking to sell or buy a Residential Property then look no further than CCL.

Our unique approach to the sales process and our client relationship management always ensures our customers are at the centre of the selling/buying process.

We offer completely free and confidential valuations and work to your timescales. Whether you want to come to market now or are planning for the future.

At CCL we understand we are entrusted with the selling of what normally is your biggest asset. We fully respect this and treat each and every client as an individual tailoring a marketing strategy to each property we take on our books.

With CCL you can be sure that we are working for you, driving innovation and making sure that your property is marketed in the most extensive manner possible. You do not need to worry about changing trends - we take care of that for you and like to move ahead of market trends. We believe in removing all barriers to ensure your property reaches the widest possible audience.

Residential Sales Services

We are different because we have listened to our customers and built our business around our customers’ needs.

We offer:

Free Market Appraisal & Valuations

Interactive Floor Plans as standard

Local Service, National Coverage

Client Log-in Facility

State of the Art website fully compatible with mobile devices

Multiple Advertising Platforms

Social Media Platforms

Dedicated Relationship Manager

Value for Money - Our fees are completely transparent with no hidden costs.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 28021323. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by CCL Property, Elgin. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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