Exciting development portfolio

Exciting opportunity to acquire two dilapidated stone built semi detached cottages in a state of disrepair, both being sold together. The properties have excellent development potential subject to all the relevant planning consents, and if bought together offers a variety of possibilities. Accessed via a gate just off Dunlop Road, a tree lined drive leads to the properties. 1 Castle House is unhabitable and is unsafe to view. The accommodation comprises reception hall, lounge, kitchen, bathroom, and two further rooms, one leading into the other. There is also loft space. Council Tax Band: B. 2 Castle House comprises reception hall, lounge, kitchen, bathroom, and two bedrooms. There is also loft space. Council Tax Band C. The properties could potentially be restored and refurbished, sitting within a sizeable plot with extensive private driveway which could allow for a larger scale residential development, all subject to relevant planning consents being passed. PLEASE NOTE: Both of these properties will be offered separate as Lot 4 and Lot 5 then they will be offered together as a portfolio under Lot 5.1. Unsafe properties Unsafe properties are evidently in a condition that poses a serious risk to the health or safety of occupants or visitors, or where the way the home is marketed suggests it is unsuitable for occupation in that condition. There is little point in a condition survey being undertaken on a home that is unfit for occupation in any case and is being advertised as such.

Tenure

Freehold

Area

Stewarton is a thriving town with a wide range of local amenities including independent shops, cafes, Sainsbury`s supermarket, nursery, and schooling at primary and secondary levels. Stewarton train station is a short walk from the property and has regular direct links to Glasgow city centre. The M77 motorway link nearby offers an easy vehicular commute to Ayrshire, Prestwick International Airport, Glasgow and the central belt.

Local Authority

East Ayrshire Council

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price (per property), subject to a minimum of £3600 inc VAT (per property), payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.