New build development opportunity

This exciting new build development opportunity enjoys convenient location adjacent to the A6106 Lauder Road, approximately half a mile to the east of Dalkeith, Midlothian, and with the A68 to the east. The site extends to approximately 0.7 acres (0.28 hectares), condition planning has been approved in 2019 under Midlothian Planning Reference 19/00691/MSC for the erection of 20 two bedroom apartments. Some development of the site has already been undertaken meaning that the planning approval is now open-ended. The completed development will be ideal for both long/short term rental, as well as for owner/occupiers, and the attractive guide price offers outstanding and profitable GDV potential. Early expression of interest is essential.

Tenure

Freehold

Area

The development site lies adjacent to the A6106 Lauder Road, approximately half a mile to the east of Dalkeith, with Edinburgh around 11 miles to the north east, and the nearby A68 connects the area across the Scottish Borders and further afield

Local Authority

Midlothian Council

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.