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Land for sale
Brunton Road, Markinch, Fife, KY7 6DW
£180,000
Brunton Road, Markinch, Fife, KY7 6DW
£180,000
Price History
| Initial price | £195,000 |
| 27/10/25 | £180,000 |
| Price Change | -7.69% |
Description
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Here is a summary of the property description in a single paragraph:
This prime new listing is a cleared and levelled site measuring 0.3 acres in Markinch, Fife, with planning and building warrant granted for three 4-bedroom houses. The site offers remarkable potential for residential development, with full planning consent granted on March 14, 2022, and a development commencement notice issued on August 14, 2023. The property is situated in a desirable residential area, ideal for future residents seeking a community atmosphere and convenience. With 4-bedroom properties in the area commanding rentals of £1,400 to £1,500 per month, this opportunity could yield a strong gross return of 8.6% to 9.23% if secured at the guide price, making it an attractive proposition for investors. The property is being offered at a fantastic discount to ensure a sale, with excellent sales evidence in the area, including recent sales of £450,000 and £477,500.