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Postie Wood Barness Road, Innerwick, EH42 1SE

£45,000

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Detached Bungalow

Residential

Postie Wood Barness Road, Innerwick, EH42 1SE

1

bed

1

bath

1

reception

Rare Development Opportunity

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Deadline for offers

2 days left

Description

  • PRIME NEW LISTING. We are excited to present this 1 bed bungalow with planning for a short-term holiday let, located within a prime location in Innerwick. Planning ref number 24/00794/P

  • Sales Evidence:**Red Railings, Main Street, Innerwick EH42 1SE sold for £290,000. 4, Temple Mains Cottages, Main Street, Dunbar EH42 1SE sold for £345,000. Templelands Laigh, C125 From Kirk Brae To Manse View, Dunbar EH42 1SE sold for £225,000.**

  • One-bedroom properties in the area offer an attractive rental income, securing between £850 - £950 per month, presenting a lucrative investment opportunity for potential buyers.

  • As a short-term let, comparable one-bedroom apartments in the area command rental rates upwards of £140 per night, making this a promising investment for those seeking profitable short-term returns.

  • This offering presents a fantastic development opportunity to add significant value, supported by robust sales evidence and strong short-term let figures in the highly sought-after area.

PRIME NEW LISTING. We are excited to present this 1 bed bungalow with planning for a short-term holiday let, located within prime location in Innerwick. Planning ref number 24/00794/P

The property comprises the ruins ready for full development into a charming one-bedroom bungalow.

One-bedroom properties in the area offer an attractive rental income, securing between £850 - £950 per month, presenting a lucrative investment opportunity for potential buyers.

As a short-term let, comparable one-bedroom apartments in the area command rental rates upwards of £140 per night, making this a promising investment for those seeking profitable short-term returns.

This offering presents a fantastic development opportunity to add significant value, supported by robust sales evidence and strong short-term let figures in the highly sought-after area.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**Red Railings, Main Street, Innerwick EH42 1SE sold for £290,000. 4, Temple Mains Cottages, Main Street, Dunbar EH42 1SE sold for £345,000. Templelands Laigh, C125 From Kirk Brae To Manse View, Dunbar EH42 1SE sold for £225,000.**

*** The section outlined in red is whats for sale**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

Location

Dunbar is a picturesque coastal town in East Lothian, known for its stunning landscapes and rich history. With a vibrant community, charming local amenities, and excellent transport links to Edinburgh, it offers the perfect blend of countryside tranquillity and modern convenience.

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Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£11,000

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.