£1,250,000 Offers over

Shore Road, Lamlash, Arran, KA27 8JY

flat for sale

Property Details

A partly-completed residential development site of 14 apartments in a prime location. Considered by many to be the finest road on the island. Planning permission was granted on 8th February 2012 for the conversion of the church building into 8 split-level apartments and the erection of 6 newly constructed apartments within the extension building. Private parking spaces are provided for all apartments. It is assumed that the development has no onerous burdens or restrictive servitude's within the title. Schedule of Accommodation: All areas are shown in M2 Phase 1 – Former Church Building Flat Lower Upper Total Description 1 57.8 43.2 101.0 3 Bed Flat 2 33.8 25.4 59.2 1/2 Bed Flat 3 33.8 25.4 59.2 1/2 Bed Flat 4 38.1 33.6 71.7 1/2 Bed Flat 5 38.1 33.6 71.7 1/2 Bed Flat 12 52.9 18.8 71.7 2 Bed Flat 13 54.6 27.2 81.8 2 Bed Flat 14 54.6 27.8 82.4 2 Bed Flat Phase 2 - Extension Building Flat Lower Upper Total Description 6 79.2 79.2 2 Bed Flat 7 73.4 73.4 2 Bed Flat 8 79.2 79.2 2 Bed Flat 9 73.4 73.4 2 Bed Flat 10 79.2 32.9 112.1 3 Bed Flat 11 73.4 32.5 105.9 3 Bed Flat Schedule of Accommodation: Flats Total Accommodation 1,121.9 Common Areas 51.9 Ground Floor 23.2 First Floor 42.4 Second floor Common Area Total 117.5 Accommodation Total – 1,239.40 Residential Sales Value Due to the excellent and exclusive location, we feel demand will be high for these apartments once constructed. We have carried out market research and spoken to a local chartered surveyor and would suggest the following re-sale valuations once completed. Phase 1 Church Building 1: 3 Bed Flat 101.0 £225,000 Plus Terrace 2: 1/2 Bed Flat 59.2 £155,000 3: 1/2 Bed Flat 59.2 £155,000 4: 1/2 Bed Flat 71.7 £175,000 Plus Terrace 5: 1/2 Bed Flat 71.7 £175,000 Plus Terrace 12: 2 Bed Flat 71.7 £225,000 13: 2 Bed Flat 81.8 £175,000 14: 2 Bed Flat 82.4 £175,000 Phase 2 – New Build/Extension 6: 2 Bed Flat 79.2 £165,000 Plus Terrace 7: 2 Bed Flat 73.4 £160,000 Plus Terrace 8: 2 Bed Flat 79.2 £160,000 9: 2 Bed Flat 73.4 £155,000 10: 3 Bed Flat 112.1 £225,000 11: 3 Bed Flat 105.9 £215,000 Total GDV = £2,535,000 Services: We believe that water is currently available on the site and all other main services are located in the vicinity of the site. There are residential dwellings in the locale, which all have access to services. However, prospective purchasers should make their enquiries with the appropriate service providers. Information Pack: Further information, which includes supporting surveys, planning drawings and decision notice is available upon request.

By appointment through McEwan Fraser Legal on 01292 430 555

McEwan Fraser Legal are open 7 days a week: 8am - Midnight Monday to Friday &9am - 10pm Saturday &Sunday to book your viewing appointment.

This house description is based upon information supplied by the owner, or on behalf of the owner. These property particulars are produced in good faith and do not constitute or form part of any contract. s1homes do not take any responsibility for the accuracy of the information contained in this document.

 

Sold price history for KA27 in past 5 years

 

If a property value displays '0', don't worry it just means no properties have been sold in that area during that time.

Source acknowledgement: Contains data compiled by Registers of Scotland. For further information, please contact data@ros.gov.uk.

Registers of Scotland is a government body responsible for compiling and maintaining property registers. There can be a delay of up to 3 months from when a property is sold to being recorded with Registers of Scotland. We provide house price data for your information only, we do not accept any liability for any errors.

If you have noticed any incorrect information, please contact info@s1now.com.

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Property History

  • Property added on 25 February 2020
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