English Street, Dumfries, Dumfriesshire, DG1

Property Details: • Type: Block of Apartments • Tenure: N/A • Floor Area: N/A

Key Features: • Full planning to build 20 flats agreed in principle plus one retail un • Existing site has been demolished after 5 years of back and forth with the relevant authorities • This development could generate as much as £150,000 per annum • Huge investment opportunity • Heavily Reduced • Deferred payment agreement possible until full planning is granted

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: 86-90 Paul Street, London, EC2A 4NE

Full Description: Prime Development Opportunity in Dumfries - Full Planning for 20 Flats & Retail Unit Key Highlights: Full Planning Permission: Approved in principle for 20 modern flats plus 1 retail unit Cleared Site: Existing structures demolished in May 2022, ready for development Projected Income: Potential to generate £100k+ per year Financial Support: Council funding available for social housing - up to £20k per flat Flexible Terms: Deferred payment options available until full planning is secured Sought-After Location: Dumfries ranked 2nd happiest place to live in Scotland (Rightmove, Dec 2024) Strong Investment Market: Scotland's property prices rising, attracting high interest from UK & overseas buyers The Opportunity This is a rare chance to develop a high-yield residential & commercial project in the heart of Dumfries. Located on a bustling High Street, the dual-fronted site enjoys excellent footfall, great public transport links, and easy access to local amenities. The 1370sqm plot sits within a Conservation Area, ensuring a balance between modern development and historic charm. All design and planning are managed by one of Birmingham's top Chartered Architects, ensuring a seamless process from approval to completion. Updated Planning Application - January 2025 Revised proposals include: * 20 well-designed flats with cycle parking, storage & waste collection facilities * Ground-floor retail unit in a prime commercial spot * A development approach that aligns with local conservation requirements Why Invest? Dumfries Property Boom: Scotland's property market is outperforming England & Wales, offering strong capital growth and affordability High Rental Demand: Ideal for long-term lets, social housing, or short-term rentals Potential Council Funding: Additional financial incentives for developers catering to social housing needs Investor-Friendly Terms: Deferred payments available, reducing upfront capital requirements For further details or to discuss this opportunity, get in touch today.