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Plots at 5
Plots at 5 - 9 Elm Row, Lasswade, Midlothian
£245,000
Plots at 5 - 9 Elm Row, Lasswade, Midlothian
£245,000
Our Summary
- Plot of land with planningIf you’re looking for a new build development site with planning approved and attractive GDV then this auction listing could be the perfect opportunity for you
- Set within the attractive Midlothian village of Lasswade, the plot has planning approved (Midlothian Reference 20/00527/DPP) for the construction of five contemporary townhouses, each with four bedrooms, spacious accommodation and off street parking
- Some initial works have been undertaken with excavation, sheet piling and strip foundations completed
- The attractive guide price offers strong potential profit which is sure to attract significant levels of demand
- Planning approved Midlothian 20/00527/DPP
Description
This plot of land in the Midlothian village of Lasswade has planning approval for the construction of five contemporary townhouses, each with four bedrooms, spacious accommodation, and off-street parking. Some initial works have been completed, including excavation, sheet piling, and strip foundations. The plot has a historic off-plan listing for completed units suggesting a unit price of £475,000, which would equate to an estimated GDV of £2.4 million. The guide price offers strong potential for profit and is likely to attract significant demand. The village of Lasswade offers a semi-rural location with local amenities nearby, and Edinburgh city centre is just six miles away. The plot is situated close to public transport services, schools, and outdoor recreational activities.