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Land at Greenhall Road - Land 2.34 Acres of Residential Land Offered at $417,144 CAD in Gorebridge EH23 4AW
Investment Highlights
- Located in desirable Midlothian town of Gorebridge
- Land with potential for future development, subject to all relevant consents being obtained
- New build housing developments within the immediate vicinity
Executive Summary
The property comprises a versatile piece of land, perfect for transformative development or investment opportunities.
This plot offers incredible rental income potential. With new-build homes in the area achieving between £1,500 and £2,000 per calendar month, a completed scheme of 20–30 units could generate an impressive gross rental income ranging from £360,000 to £720,000 per annum. This opportunity is sure to catch the eye of both short and long-term investors.
Property Facts
| Price | $417,144 CAD | No. Lots | 1 |
| Sale Type | Investment | Property Type | Land |
| Sale Condition | Auction Sale | Property Subtype | Residential |
| Tenure | Freehold | Total Lot Size | 2.34 AC |
| Price | $417,144 CAD |
| Sale Type | Investment |
| Sale Condition | Auction Sale |
| Tenure | Freehold |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 2.34 AC |
1 Lot Available
Lot
| Price | $417,144 CAD | Lot Size | 2.34 AC |
| Price Per AC | $178,266.47 CAD |
| Price | $417,144 CAD |
| Price Per AC | $178,266.47 CAD |
| Lot Size | 2.34 AC |
The subjects comprise a fairly regular shaped piece of overgrown land that extends to approximately 2.34 acres (0.95 hectares).
Description
The subjects comprise a fairly regular shaped piece of overgrown land that extends to approximately 2.34 acres (0.95 hectares). There appears to be a former access track to the area that is located to the east side of the site, with access to this track taken directly off Greenhall Road, approximately 60m south of the main junction. Gorebridge is a charming village situated in Midlothian, known for its beautiful countryside views and excellent transport links to Edinburgh. It offers a peaceful yet convenient lifestyle with a blend of local amenities and the beauty of the Scottish landscape.
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Land at Greenhall Road - Land
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