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Logangate Terace, Logan, Logan

Scotland

£165,000

Listed on 04/06/2026

Property Details

Bedrooms
3
Type
Plot

Description

This expansive building plot of 1.216 acres presents a rare opportunity for developers and investors aiming to make an impact in the local housing sector. With full planning permission already in place for two semi-detached homes, each comprising three bedrooms, this site is poised for immediate development. Additionally, the outline planning permission allows for the construction of seven more plots, which could include a detached house, providing potential for significant growth and investment returns. The site is well-equipped with essential services like gas and water readily accessible, simplifying the development process. Notably, the cost of removing topsoil is low, further enhancing feasibility and profitability. The adaptable plans offer flexibility to create diverse housing options that cater to various market needs, making it an attractive prospect for both seasoned developers and newcomers alike. This property not only holds great potential but is also strategically located to foster a vibrant residential community in a desirable area. This land offers a blank canvas for visionary projects that could ultimately benefit the local housing landscape.

Investment Analysis

(KA18 area)
Area Average
£101/sq ft
Avg Rent (weekly)
£155
Avg Yield
6.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
37%
Properties sold annually

Local Market Trend (KA18)

Area prices are rising by +3.7% over the last 12 months
3 year growth: +13.9%
5 year growth: +6.7%
Investment Disclaimer: Analysis based on KA18 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Logangate Terace, Logan, Logan
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£623
Based on a loan of £123,750 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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