Land to the Rear of Meadowbank Road, Kirknewton, Midlothian, EH27 8BH

  • Unconditional Online Auction Sale
  • Guide Price* : £99,000

FOR SALE BY ONLINE AUCTION THURSDAY 30TH JUNE AT 9.00AM. Sizeable plot of land circa 2.8 acres. Large freehold development opportunity (STP). Located in quiet, established residential area in Midlothian.

Description

FOR SALE BY ONLINE AUCTION THURSDAY 30TH JUNE AT 9.00AM. Sizeable plot of land circa 2.8 acres. Large freehold development opportunity (STP). Located in quiet, established residential area in Midlothian.

The land is the area outlined in red on the aerial view above. Encompassing 2.8 acres, there is a wide array of potential uses for the land, including potential development site for a new group of homes or as a self-build opportunity, subject to planning consents. The average sale price of houses on Meadowbank Road over the last year is £209,000, but properties have sold as high as £269,000 in recent years, making this a potentially lucrative development opportunity as it lies within the latest Proposals Map within the Local Plan. A potential 15-unit development plan is included in the images above.

Kirknewton is a popular commuter town in Midlothian, only a 40-minute drive to the centre of Edinburgh and with plenty of transport links, with bus and train routes available. Meadowbank Road is located just off the Main Road which runs through Kirknewton and is host to many restaurants, takeaways, shops and more.

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* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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