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
£325,000

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
11/12/25 £310,000
30/12/25 £280,000
09/01/26 £325,000
Price Change -27.78%

Description

This 7.88-acre property in Inchmore, approximately 7 miles from Inverness City Centre, 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 high demand for housing. 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 area is affluent and scenic, with the nearby village of Tornagrain undergoing significant development. Inverness is a growing city with a strong economy, driven by industries such as life sciences, energy, and tourism. The property is being sold under auction terms and conditions, with enhanced buyer terms available. This is an outstanding opportunity for developers, builders, or investors to capitalize on the high demand for housing in the area.