Land for sale

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Land for sale

The Royal Oaks Development, Planning Permission Granted, Kirkhill, Inverness, Highland, IV5 7PX
£295,000

Price History

Initial price £450,000
30/08/25 £425,000
02/09/25 £345,000
23/09/25 £290,000
27/09/25 £260,000
03/10/25 £310,000
11/10/25 £290,000
31/10/25 £310,000
08/11/25 £270,000
14/11/25 £310,000
21/11/25 £270,000
28/11/25 £325,000
04/12/25 £295,000
Price Change -34.44%

Description

A 7.88-acre site in the affluent village of Inchmore, approximately 7 miles west of Inverness, has been granted planning permission in principle for the construction of 16 houses. The site enjoys excellent access from the main road and is situated in a stunning location with outstanding views of the Beauly Firth. The planning permission is subject to certain conditions, including the provision of drainage and access from the main road. The completed development value of the project is estimated to be between £6 million and £7 million, with each property valued at £375,000 to £450,000. The area is experiencing high demand for new housing, driven by its proximity to Inverness and the surrounding attractions, entertainment, and major employers. The site offers an outstanding opportunity for a developer, builder, or investor to capitalize on this demand and generate a significant return on investment.