Postie Wood Barness Road, Innerwick, EH42 1SE
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£45,000
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Postie Wood Barness Road, Innerwick, EH42 1SE
1
bed
1
bath
1
reception
Rare Development Opportunity
Available documents
How to buy at auction
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Deadline for offers
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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Terms of Sale
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