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Property for sale
Howgate Church, Penicuik, EH26 8QB
£575,000
Howgate Church, Penicuik, EH26 8QB
£575,000
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 church has potential to be developed into 6-8 residential flats, which could be turned into serviced apartments, or 6-8 houses, generating a massive GDV of over £5,000,000. The property is situated over a site area of approximately 4.9 acres, with potential for a high-yielding opportunity. The church itself comprises an entrance porch, nave, clerestory, 2 WC's, a kitchen, a large community room, and multiple storage rooms. The property has a car park and is located in a prime area with fantastic transport links to Edinburgh and local amenities. This rare auction property is sure to appeal to builders, investors, and developers looking for a unique opportunity to restore a historic building and develop a large plot of land in a sought-after rural village.