Land with planning in principle for development

We are excited to present this rarely available plot in a prime countryside location within the sought-after area of Croftamie, Glasgow. The property comprises a huge 15.5-acre plot that offers an exceptional opportunity for development, boasting an estimated Gross Development Value (GDV) of 8,100,000 pounds. The plot comes with planning in principle for mixed-use residential and tourism development, including the conversion of a former residential school to a dwelling with leisure facilities, the erection of a garage with a flat above, the conversion of outbuildings to seven holiday apartments, eight new holiday lodges, a new access road, gateway structures, parking, and drainage infrastructure (Planning Reference: 2022/0329/PPP). With its expansive size and prime location, this plot is sure to appeal to savvy developers seeking a large development site with immense potential for future growth. It is also sure to appeal to owner occupiers looking to undertake their dream home project, subject to gaining the necessary permissions. The potential rental income is estimated to reach approximately 500,000 pounds per annum once developed, making it a lucrative investment. Croftamie enjoys a scenic setting that combines rural charm with convenient access to urban amenities. Nestled in the heart of Scotland's picturesque countryside, it provides a tranquil and idyllic lifestyle while remaining just a short drive from Glasgow, offering the perfect balance of serenity and accessibility.