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Lot D1

Land north of Alexander road Dunoon for sale by auction

Guide price £ 25,000

Description

Plots of Land at “North of Alexander Road, Dunoon”

Picturesque Dunoon Pier, showcasing the town’s coastal charm

Introduction

Dunoon is a coastal town situated on the Cowal Peninsula in Argyll and Bute, Scotland. It’s known for its Victorian architecture, stunning sea views, and rich cultural history.

We are delighted to present an exceptional opportunity to acquire potential development land situated north of Alexander Road in the charming coastal town of Dunoon, Scotland. This auction represents a rare chance to invest in a location poised for significant growth and development.

Property Description

The plots of land north of Alexander Road offer a unique canvas for residential or mixed-use development in one of Scotland’s most picturesque coastal regions. Situated in the heart of Dunoon, these plots benefit from:

  1. Strategic Location: Proximity to Dunoon’s town center and waterfront, offering potential for both residential and commercial development.
  2. Scenic Views: Stunning vistas of the Firth of Clyde and surrounding Cowal Peninsula.
  3. Development Potential: Aligned with Dunoon’s strategic growth plans and the adjacent  upcoming residential developments.
  4. Infrastructure: Well-connected to local amenities and transport links, including the iconic Dunoon Pier.

Development Potential

The land presents significant development opportunities, supported by local initiatives and strategic plans:

  1. Residential Development: The plots are ideally situated to capitalize on Dunoon’s growing housing market. The Strategic Housing Investment Plan (SHIP) 2025 outlines plans for 300 new affordable homes in the area, indicating strong support for residential development . This aligns with broader initiatives aimed at population retention and growth 
  2. Commercial Opportunities: With Dunoon’s focus on becoming a premier destination for sustainable tourism, there’s potential for commercial developments that cater to this growing sector. 
  3. Sustainable Projects: The area is primed for eco-friendly developments, aligning with projects like The Dunoon Project, which emphasizes sustainability and outdoor activities. 

Planning and Zoning

Prospective buyers should note the following key points regarding local planning regulations and zoning laws:

  1. Local Development Plan: The Argyll and Bute Local Development Plan provides a comprehensive framework for development, covering aspects such as natural environment, landscape design, and housing development. 
  2. Conservation Considerations: Dunoon is home to several conservation areas, reflecting the town’s commitment to preserving its historic built environment. 
  3. Planning Applications: Any significant development will likely require planning permission. The Argyll and Bute Council offers detailed guidance on the application process and building standards. 
  4. Sustainable Development: The council encourages developments that align with sustainability goals and community needs, as reflected in various local initiatives. 

Market Analysis

The Dunoon property market presents a compelling investment opportunity:

  1. Stable Market: As of October 2024, the average house price in Argyll and Bute, including Dunoon, was £191,000, showing stability with a 0.3% change from the previous year. 
  2. Rising Rental Market: The rental sector has seen significant growth, with average private rents increasing by 9.5% to £815 per month in November 2024.
  3. High Demand: Post-COVID trends have led to increased demand for properties in rural and coastal areas like Dunoon, driven by remote work opportunities and lifestyle changes. 
  4. Investment Potential: The combination of stable house prices and rising rental rates presents an attractive proposition for investors and developers.

Dunoon Burgh Hall – A symbol of the town’s rich cultural heritage

Community and Lifestyle

Dunoon offers a unique blend of natural beauty, community spirit, and development potential:

  1. Cultural Hub: The town is actively growing its arts, heritage, and creative industries, offering potential for culturally-aligned developments. 
  2. Outdoor Activities: With initiatives like The Dunoon Project, the area is set to become a leading destination for outdoor enthusiasts, featuring plans for gondola cable cars, zip wire facilities, and extensive trail networks. 
  3. Community-Driven Development: Local projects emphasize community engagement and environmental sustainability, ensuring developments align with residents’ needs and values. 

Auction Details

  • Date: 16th January 2025
  • Time: 5pm
  • Location: [Insert Auction Location/Online Platform]
  • Guide Price: £25,000 Per block
  • Lot Number:

How to Participate

  1. Registration: Interested parties must register prior to the auction. Please contact our office for registration details.
  2. Viewing: Site visits can be arranged by appointment. Contact our office to schedule.
  3. Legal Pack: A comprehensive legal pack is available for review. Please request this from our legal department.
  4. Bidding: Bidding can be done in person, by phone, or online. Please specify your preferred method when registering.

Contact Information

For further information, legal pack requests, or to arrange a viewing, please contact:[Insert Contact Details]

Call to Action

Don’t miss this exceptional opportunity to invest in Dunoon’s future. These plots of land north of Alexander Road offer unparalleled potential for development in one of Scotland’s most promising coastal towns. Register now to participate in this exciting auction and be part of Dunoon’s growth story.


Note: All interested parties are advised to carry out their own due diligence and seek independent legal advice before participating in the auction. The information provided in these particulars is for guidance only and does not constitute an offer or contract.

Get in touch

Edward Swindells Consultant Auctioneer & Valuer

Location

Potential development land Dunoon PA23 7BB ///baking.structure.awaiting

Map

Important Notices & Guidance Notes

Important notices

Pre-registration approval to bid, guide prices, reserves, additional charges and other matters.

Pre-registration approval to bid World of Auctions now require all bidders who wish to bid at our Auctions to register. All checks required by current anti-money laundering legislation must be satisfactorily completed as part of this process before prior approval to bid will be given.

Please use the links on our website to pre-register. Following approval to bid, the buyer named in your registration cannot be changed without the consent of the auctioneers.

Guide Prices

A guide price (to include a range of prices), is not an indication of the anticipated eventual selling price or a valuation; it is an indication of the minimum price ( “the Reserve” ) at which (or range of prices within which) the seller might be prepared to sell. The eventual sale price can and frequently does, exceed the guide price.

Where a range is given, the Reserve will sit within that range and will not exceed the top end of the range. Where a single figure Guide Price is given, the Reserve will be within 10%, upwards or downwards, of that figure.

The guide price may be subject to change up to and including the day of the auction. The latest published guide price (or range of prices) is displayed on our website, and you should check the website regularly for updates and on the day of the auction.

All guide prices are quoted “subject to contract”.

Please note the guide price for the Lot does not include: – any Buyers’ Fee charged by the auctioneers; – VAT on the sale price; – SDLT or any other Government taxes.

Additional costs and fees charged by the seller or third parties that might apply to some Lots and/or some buyers.

If a guide price is listed as “TBA”, it means no guide price has been set at present. Please do call our office about this. The guide price, or range of prices, will be published online immediately it becomes available and you should check the auction website regularly for updates and on the day of the auction.

Reserve Prices

The reserve price is the minimum price at which the Lot can be sold.

Whilst every effort is made to ensure that the advertised guide prices are up to date. it is possible that the reserve price set for any Lot may exceed the previously quoted guide price. This is because the seller may fix the final reserve price just before the Lot is offered for sale and you should check the website regularly for updates and on the day of the auction.

World of Auctions, Residential and Commercial Auctions. Our content is meticulously curated by our seasoned professionals, specifically tailored for discerning property buyers. Our platform is best suited for experienced institutional or business buyers, as well as individuals equipped with the necessary knowledge and expertise to make informed purchasing decisions. We deal in properties that come with their own unique set of risks, which our sophisticated buyers understand. If you’re uncertain about meeting these prerequisites, we recommend seeking independent advice or reaching out to us directly.”

Buyers Premium 

A buyer’s premium is an additional charge that successful bidders are required to pay on top of their final bid price at a property auction. This fee is typically a percentage of the final bid and is paid directly to the auction house. It serves as a kind of commission for the auctioneer’s services. The exact percentage can vary depending on the auction house. At world of Auctions our buyers premium on Property (Real Estate sales) is normally £5000 plus vat. It is usually clearly stated in the auction’s terms and conditions. It’s crucial for bidders to factor in the buyer’s premium when determining their maximum bid, as it significantly affects the total cost of the property.

Buyers’ fees, Seller’s fees and additional charges

For each Lot, a documentation charge / Fee is payable on the fall of the hammer to World of Auctions as follows:

Residential Auctions – Lots sold for £10,000 or more: Buyers’ Fee of £1,500 inclusive of VAT.

Lots sold for less than £10,000: Buyers’ Fee of £500 inclusive of VAT.

Commercial Properties – All Lots: Buyers Fee £1,000 excluding VAT

Additional charges and fees might be charged by the seller and/or other third parties. You are strongly advised to read the Special Conditions of Sale for the Lot prior to bidding to check for any additional charges and fees and to check the addendum which might also (but does not always) contain details of such amounts.

VAT may be chargeable in addition to the sale price for the Lot. The auctioneer will announce this and will be contained within the particulars.

Other Matters

Please note that Lots may be sold or withdrawn at any time prior to auction.

Please note that the amount of Bidder Security (payable on application to bid at the auction) and the Buyer’s Fee may be varied from the standard amounts quoted upon or website or by a member of our sales team. So please check.

Please refer to the addendum, the Particulars and/or the conditions of sale.

Mapping data licensed from Ordnance Survey with the permission of the Controller of Her Majesty’s Stationery Office. © Crown Copyright. All rights reserved. Licence number 100022432. Location plans are reproduced from the Ordnance Survey mapping with the permission of Ordnance Survey on behalf of the Controller of Her Majesty’s Stationery Office, © Crown copyright and Database Rights 2018 OS 100060020

The plans and photographs shown in the catalogue are included in order to assist you in locating the Lot in question. They are not to be taken as drawn to scale and any arrows on plans or photographs are merely to assist you in finding the Lot, not for the purpose of indicating legal boundaries or which direction the lot is facing.

The Auctioneers do not warrant or represent that any plans or photographs show the up-to-date position with regard to occupiers either for the Lot or for any other properties shown in such plans or photographs.