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3 bedroom terraced house for sale
55 De Quincey Road, Lasswade, Midlothian, EH18 1DP
£165,000
55 De Quincey Road, Lasswade, Midlothian, EH18 1DP
£165,000
Our Summary
- We are excited to present this Residential Development Opportunity, 3 bedroom spacious mid-of- terrace house set in a beautiful located within Lasswade ***Guide Price of £165,000, home report of £190,000*** ***68, Seaforth Terrace, Bonnyrigg, Midlothian EH19 2PF previously sold for £227,500, 10, Polton Road West, Lasswade, Mid EH18 1BZ sold for £214,500*** With light renovations, the property could command a rental income of £1000 - £1,200 PCM / £12,000 - £14,400 PA, which would provide an exceptional gross yield of 7
- We are excited to present this Residential Development Opportunity, 3 bedroom spacious mid-of- terrace house set in a beautiful located within Lasswade ***Guide Price of £165,000, home report of £190,000*** Property Comprises: Hallway Entrance, 3 Bedroom, Bathroom, Kitchen, Living Room and ample storage space
- Needs Light Renovation
- ***This property is offered at a fantastic price to ensure an Auction sale*** The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
- Nestled along the River North Esk, Lasswade provides a peaceful, semi-rural setting with excellent accessibility to Edinburgh via nearby transport links, making it popular among commuters and visitors, The local economy is supported by small businesses, hospitality, and tourism, with potential for growth in these areas due to Lasswade's picturesque landscape, historic architecture, and appeal as a getaway spot
Description
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Here is a summarized version of the property description in a single paragraph:
This 3-bedroom mid-terrace house in Lasswade, Midlothian, is a residential development opportunity with potential for renovation and rental income. With a guide price of £165,000 and a home report value of £190,000, the property offers a gross yield of 7.27%-8.72% based on a rental income of £1,000-£1,200 per month. The property is located near local amenities, schools, and public transport, and has previously sold for £227,500 and £214,500 in nearby areas. With light renovations, the property could command a strong rental income, making it an attractive opportunity for shrewd builders, investors, and developers. The local area has seen recent strong sales, and the property is open to immediate offers, with the option to participate in an upcoming timed online auction.