Approved planning for five townhouses near Edinburgh with strong GDV potential.
Planning approved for five four‑bedroom townhouses (Ref 20/00527/DPP)
A rare freehold development parcel with planning consent (Midlothian ref 20/00527/DPP) for five contemporary four‑bedroom townhouses. Some ground works are already in place — excavation, sheet piling and strip foundations — reducing early-stage risk and accelerating build readiness. The site sits in Lasswade, around six miles from Edinburgh, with off‑street parking included in the approved layout and good digital connectivity (excellent mobile, fast broadband). Flood risk is nil.
The guide price of £150,000 and a previously suggested unit value (historic off‑plan figure) indicate attractive GDV upside for a developer or investor able to complete the build. The location offers local amenities and good transport links, plus leisure and outdoor options nearby. The freehold tenure and auction sale route can allow a speedy acquisition for a prepared buyer.
Important matters for purchasers: the site is offered at auction and a buyer’s premium/auction fee may apply; no tests have been carried out on services or existing works. The surrounding area is classified as very deprived with an ageing urban demographic and communal retirement character, which may affect sales profile and pricing assumptions. All prospective buyers must satisfy themselves on technical, legal and market matters before bidding.
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