Future Property Auctions says ..

Property Oracle says ..

This listing presents a significant opportunity for developers or investors. The 1.09-acre plot of land in the sought-after Broughty Ferry area of Dundee is currently listed at £6,000. The land itself appears undeveloped but is relatively large offering considerable potential. The location benefits from proximity to the Broughty Ferry train station, increasing accessibility to the wider Dundee area. However, it’s crucial to note that the land is currently overgrown and will require significant preparation and potentially planning permission before any development can take place. The lack of detailed information on nearby schools and the absence of information regarding property specifics are limitations. While the price is remarkably low for the area and plot size, potential buyers should undertake thorough due diligence to assess the feasibility of development, the potential costs and obtain the necessary planning permissions before committing to a purchase. The low list price could indicate the need for significant work on site or potential complexities in obtaining planning consent. Nevertheless, this represents a potentially lucrative investment opportunity for those willing to take on the challenges of land development in a prime location.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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