Initial price	£200,000
05/04/25	£225,000
12/04/25	£192,000
Price Change	-4.00%

This is a prime development opportunity in Douglas Water, Lanark, comprising a 9-unit residential development site with full detailed planning permission and building warrant granted. The site, which spans approximately 0.67 acres, is well-suited for a shrewd builder-developer looking for a small to medium-sized development project. Construction has already begun, with foundation trenches dug and concrete settled for plots 1-3, and main drainage lines laid. The location is highly sought after, with an estimated finished open market value of £1.2 million, and is within commuting distance of Edinburgh and Glasgow. The property is being sold through a timed online auction on April 17, 2025, with interested bidders able to submit an enquiry or visit the auction house's website for further information and bidding instructions.