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Plot at Fordel, Lauder Road Land for sale
Plot at Fordel, Lauder Road
£330,000
Plot at Fordel, Lauder Road
£330,000
Our Summary
- 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
- 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
- 7 acre plot with conditional planning approval
- Midlothian Planning Reference 19/00691/MSC
Description
This new build development opportunity is situated in a convenient location adjacent to the A6106 Lauder Road, approximately half a mile east of Dalkeith, Midlothian. The 0.7-acre site has been approved for the construction of 20 two-bedroom apartments, with some development already undertaken, making the planning approval open-ended. The completed development is expected to be ideal for both long-term rentals and owner-occupiers, offering profitable gross development value potential. The site is strategically located near the A68, connecting the area to Edinburgh and the Scottish Borders, making it an attractive investment opportunity. Early expression of interest is recommended, as the guide price offers an outstanding return on investment.