Affordable development plot near town centre, suited to cash-ready investors.
Approximately 0.17 acres / 7,357 sq ft plot size
Popular residential location, close to Cumbernauld town centre
Development potential only with planning permission
No flood risk; excellent mobile signal and fast broadband
Tenure unknown; seller will not grant warrandice
Sale by auction — binding on fall of the hammer
VAT applies; budget for VAT and auction buyers’ fees
10% deposit required (minimum £5,000) and 1.2% buyers’ fee (min £1,500)
A rare parcel of land of approximately 0.17 acres (≈7,357 sq ft) in a well-established residential part of Cumbernauld, offered with development potential subject to planning permission. The site sits close to local amenities, playgrounds and transport links, with fast broadband and excellent mobile signal — useful if intending to service a modern residential or small-scale development. There is no flood risk recorded for the plot.
This is a low-cost entry for investors or developers prepared to carry out due diligence. The sale will be conducted by auction (binding contract on fall of the hammer) with a 10% deposit (minimum £5,000) and a buyers’ fee of 1.2% (minimum £1,500 inc. VAT). VAT will be chargeable on the purchase price; prospective purchasers should factor this into total acquisition costs.
Important legal and practical drawbacks are clear: tenure is unknown and the seller will not grant warrandice in the disposition. Development is only possible with planning consent — buyers must obtain all necessary permissions. The auctioneers have not inspected the site; purchasers should commission their own surveys and review the legal pack and special conditions before bidding.
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