250 new, high quality homes are set to be delivered in Cambusbarron near Stirling as planning permission is granted in principle for residential development.
The 33 acres site, known as Seven Sisters, offers prime residential land and has been launched to the market by CEG and Hallam Land Management Ltd. JLL is marketing the site on behalf of CEG and Hallam and is expecting a high level of interest from housebuilders, particularly given the rarity of development land in this sought-after area.
David Hodgson, head of strategic development north at CEG, said:
“We have been looking at a number of opportunities to bring forward new housing developments across Scotland and this Stirlingshire site offers the ability to not only deliver much-needed new homes and benefit the local economy, but to also create a distinctive neighbourhood with exceptional views across the Carse valley to Stirling Castle.”
Gary Smith, Director at Hallam Land Management Ltd, said:
“There is very strong demand for high quality residential development in the local area which already boasts a range of amenities including local shops, post office, pharmacy, church, a pub and a community centre. We look forward to seeing the inspiring visions put forward for Cambusbarron by a range of housebuilders and developers.”
The development is also contributing £5m towards the redevelopment and extension of nearby Cambusbarron Primary School which is within walking distance of the site. Seven secondary schools are nearby across Stirling.
As a gateway to the Trossachs and Perthshire Hills, the village is ideally located for those seeking access to outdoor activities in a scenic setting and is surrounded by open landscape, hills and woodland, offering stunning views over the Stirling skyline.
Nina Stobie, Director at JLL in Glasgow said:
“The sale of land in Cambusbarron is a rare opportunity to develop a vibrant new neighbourhood in a beautiful part of Scotland’s central belt. Stirling has seen limited releases of residential development land in recent years. However, the city has a proven track record of residential demand, year on year population growth and is characterised by strong residential values.”
Interested parties are advised to note their interest in writing to the sole selling agents JLL. All parties who notify interest will be informed of closing date arrangements.