Development Opportunity - 3 New Builds at 1 Kellas Road, Kellas, Wellbank, Broughty Ferry, Dundee, DD5 3PE
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Development Opportunity - 3 New Builds at 1 Kellas Road, Kellas, Wellbank, Broughty Ferry, Dundee, DD5 3PE

By Verdala

£ 275,000

Reviews

2 out of 5 stars

Verdala says ..

Presenting a unique opportunity to acquire a development site in the picturesque village of Wellbank, located on the north edge of the village at the junction of Kellas Road and Mattocks Road. This sought-after area is known for its quaint charm, and the site, spanning approximately 2350m², offer...

Property Oracle says ..

This property is a development opportunity for three new builds in Wellbank, a village near Dundee. The location is reasonably convenient, with nearby rail links to Dundee and other areas. However, the provided images show the land is currently undeveloped and requires significant work before construction can begin. The list price seems reasonable considering the potential for three new builds, but the actual cost of development will significantly impact profitability. More information on the planned size and specifications of the new builds would be needed for a more comprehensive price assessment.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
1
Location
6
Land
7
Bedrooms
4
Bathrooms
2

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
317,022.00 £
Decreased by 20.67 %
from 399,633.00 £
Average area rental value
1,075.00 £/mo
Decreased by 55.21 %
from 2,400.00 £/mo
Est rental Yield
4.07 %
Decreased by 43.55 %
from 7.21 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Verdala created the listing.

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Applehill Gardens £ 000.00 KM
Osprey Place £ 000.00 KM
East Denside Farm Cottages £ 000.00 KM
South Kingennie Steadings £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Balmossie9013BSI5.89 KM
Broughty Ferry9023BYF6.27 KM
Monifieth9060MON6.74 KM

Nearby Listings

AddressPriceTypeScoreDistance
Kingennie Road, Broughty Ferry, Dundee £ 120,000BUY6 / 100.11 KM
Off Kellas Road, Dundee £ 479,999BUY7 / 100.18 KM
Gagiebank, Broughty Ferry, Dundee £ 295,000BUYUnknown0.26 KM
Parklands Of Murroes, Kellas, Dundee, Angus £ 1,795,000BUY8 / 101.47 KM
Heron Place, Kingennie, Broughty Ferry, Dundee £ 625,000BUY7 / 101.48 KM