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Land for sale
Plots at 5 - 9 Elm Row, Lasswade, Midlothian
£195,000
Plots at 5 - 9 Elm Row, Lasswade, Midlothian
£195,000
Price History
Initial price | £295,000 |
20/05/25 | £245,000 |
02/07/25 | £230,000 |
18/07/25 | £195,000 |
Price Change | -33.90% |
Description
This plot of land in the Midlothian village of Lasswade has planning approval for the construction of five contemporary townhouses, each with four bedrooms, spacious accommodation, and off-street parking. Some initial works have been completed, including excavation, sheet piling, and strip foundations. The plot has a historic off-plan listing for completed units suggesting a unit price of £475,000, which would equate to an estimated GDV of £2.4 million. The attractive guide price offers strong potential for profit, making it an attractive opportunity for developers. The village of Lasswade offers a semi-rural location with local amenities nearby, and Edinburgh city centre is just a short drive away. The property has excellent public transport links and is surrounded by outdoor recreational activities.