Property for sale in Kellas Road, Wellbank, Broughty Ferry, Dundee DD5

Presenting a unique opportunity to acquire a development site in the picturesque village of Wellbank, located on the north edge of the village at the junction of Kellas Road and Mattocks Road. This sought-after area is known for its quaint charm, and the site, spanning approximately 2350m2, offers the potential to create three high-quality, detached homes, each with a blend of traditional design and modern living.

The site was historically used for domestic buildings, later becoming home to a blacksmiths workshop in the 1960s. The existing building (photographed) is in the process of being cleared, making way for three stunning new homes. The site will be divided into three generously sized plots, ranging from 630m2 to 880m2. Each property is envisioned as a 3-4 bedroom detached home with an ‘L' shaped layout, creating private, south-facing gardens. The houses will be 1.5 stories high, maintaining a cottage-style aesthetic that is in keeping with the character of the village. Full planning permission in principle has been granted for the development of the three detached houses. The approved designs respect the local architectural heritage, ensuring that the new properties will blend seamlessly into the surrounding environment while offering modern comforts and energy efficiency.

This development is not only a chance to create beautiful homes but also a lucrative investment opportunity. Recent sales of modern homes in recent villages demonstrate the area's strong market potential, estimated developed property valued at around £450,000. Using this benchmark, the three plots at 1 Kellas Road could collectively reach a final developed value of approximately £1,350,000 +

Full details can be found on Angus Councils planning portal using Planning ref: 23/00051/pppl. All interested parties are invited to contact Verdala for further information and a site visit. Please note, all site visits must be accompanied by a member of our team and are by appointment only.