An opportunity to acquire a part-complete development site including 1 substantially complete unit, 8 units with some groundworks progressed and 29 undeveloped units with partial service infrastructure.
The site is held with Outright Ownership (the Scottish equivalent of Freehold ownership) under title number ABN127088. The site has planning permission for 44 homes ranging from 2 to 5 bedrooms. Work commenced in late 2022 and subsequently 6 homes have been complete and sold, 1 further property is substantially complete, 8 plots are started and 29 plots remain undeveloped.
Access is gained via Rothney Court; to the east of the site. Road access within the development site currently services some of the units.
The completed units have been built to a high specification with modern living and energy efficiency in mind. 5 Bruce Circle (Plot 3) is pending final fit out-and will allow purchasers to design their own finish.
Location
The site is located on the southwest edge of Insch; a village in Aberdeenshire, Scotland. The site is situated 27 miles northwest of Aberdeen city centre and 11.5 miles west of Inverurie town centre. The site is walking distance from Insch Railway station (0.1 miles); with direct services to Aberdeen in 33 minutes.
Accommodation
Planning:
APP/2023/0814 - Erection of 35 dwelling houses including changes of house types.
APP/2021/2450 - Erection of 9 dwelling houses. With subsequent change of house type on two plots.
APP/2020/2643 - Modification of Planning Obligations in APP/2015/0634
APP/2015/0634 - Consent to residential development
Interested parties should make their own enquiries in relation to the extant / implemented consents at the site.
Substantially Complete Units (pending final fit-out) - 5 Bruce Circle (Plot 3) | 1,130 sq. ft. | GDV c.£259,995 (Assuming same achieved as plot 2)
Plots benefitting from services and some groundworks - Plot 6, 26, 27, 30, 31, 32, 41, 42. Interested parties must rely on their own enquiries for the extent of works / services available.
Scheme Accommodation - See attached brochure for information
Terms
Tenure - Outright Ownership (the Scottish equivalent of Freehold ownership) under title number ABN127088
VAT - TBC
Legal Costs - Each party to be responsible for their own legal costs throughout the transaction.
Dataroom - Available upon request
Proposal - Offers are invited and should be submitted in writing by 17:00 on 19 June 2025 via email to Matthew Southall | Watling Real Estate | matthew.southall@watling.com
Chris Ion | Graham + Sibbald | chris.ion@g-s.co.uk
Anti-Money Laundering - To comply with our legal responsibilities for Anti-Money Laundering, it will be necessary for the successful bidder to provide information necessary to complete these checks before the deal is exchanged.
Information required will include:
1) Corporate structure and ownership details.
2) Identification and verification of ultimate beneficial owners.
3) Satisfactory proof of the source of funds for the Buyers/funders/lessee.