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Howgate Kirk, Penicuik EH26 Property for sale
Howgate Church, Penicuik, EH26 8QB
£495,000
Howgate Church, Penicuik, EH26 8QB
£495,000
Our Summary
- Prime Property Auctions is excited to present this exceptionally rare, Church Development Opportunity located within a prime location in Howgate - GUIDE PRICE £575,000
- *** MASSIVE GDV POTENTIAL OF £5,000,000***The church has potential to be developed into 6 - 8 residential flats which could be turned into serviced apartments
- 9 Acres (19,860m2), there is potential to build 6 - 8 houses
- Subject to necessary planning and consents
- Subject to necessary licensing and consents
- *** RARE AUCTION PROPERTY *** Prime Property Auctions is excited to present this exceptionally rare, Church Development Opportunity located within a prime location in Howgate - GUIDE PRICE £575,000
- *** MASSIVE GDV POTENTIAL OF £5,000,000*** The church has potential to be developed into 6 - 8 residential flats which could be turned into serviced apartments
- Sure to appeal to builders/investors/developers looking for a rare opportunity to restore a beautiful historic building and develop a large plot of land within a sought after rural village
- *** POTENTIALLY HIGH YIELDING OPPORTUNITY *** *** RARE AUCTION PROPERTY *** Situated over a site area of approximately 4
Description
Prime Property Auctions is excited to present a rare Church Development Opportunity in Howgate, Midlothian, with a guide price of £575,000. The property, situated on a 4.9-acre site, has potential to be developed into 6-8 residential flats or houses, offering a massive GDV potential of £5,000,000. The church, with its nave, clerestory, and community room, has been beautifully maintained and features a car park and multiple storage rooms. With fantastic sales evidence to support the development, this property is sure to appeal to shrewd developers. The area has seen impressive sales comparables, with properties in the vicinity selling for £520,000, £495,000, and £485,000. The property is conveniently located near local amenities and has easy access to Edinburgh, making it an attractive opportunity for those seeking a serene countryside lifestyle without sacrificing convenience.