The Royal Oaks Development, Planning... Land for sale

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The Royal Oaks Development, Planning... Land for sale

The Royal Oaks Development, Planning Permission Granted, Kirkhill, Inverness, Highland, IV5 7PX
£345,000

Price History

Initial price £450,000
30/08/25 £425,000
02/09/25 £345,000
Price Change -23.33%

Description

This 7.88-acre plot of land in the affluent village of Inchmore, approximately 7 miles west of Inverness, has planning permission granted 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 a massive demand for housing due to its proximity to the city center and local attractions. The completed development value is estimated to be between £6 million and £7 million, with each property valued at £375,000 to £450,000. The land is being sold under auction terms and conditions, with enhanced buyer terms available. The area is experiencing significant development, driven by population growth and economic expansion, making it an attractive opportunity for developers, builders, or investors.