Land with Development Potential in Newtongrange

An 89,000 square foot plot of land located in a prime position in Newtongrange, extending to approximately 0.83 acres. The plot is situated in a sought-after area for residential property development, benefiting from access to local amenities and schools. The land comes with two options of expired planning permission. Planning reference 16/00207/DPP was previously approved for the development of 12 terraced properties consisting of eight 2.5-storey four-bedroom houses and four 2-storey two-bedroom houses, with an estimated gross development value (GDV) ranging from 3,600,000 to 4,800,000 pounds. Planning reference 16/00809/DPP was previously approved for the development of five 2.5-storey four-bedroom terrace houses and 11 flats (ten two-bedroom and one three-bedroom), with an estimated GDV ranging from 3,425,000 to 4,200,000 pounds. Both planning permissions have expired, so a new owner would need to reapply for planning renewal. Strong local sales evidence in the area, such as properties on Summerside Gardens, demonstrates high demand and capital growth potential. Dalkeith is a historic town in Midlothian, Scotland, situated about eight miles southeast of Edinburgh at the confluence of the North and South Esk rivers. Modern Dalkeith provides excellent transport links to Edinburgh via the A7 and the Borders Railway, alongside amenities including a historic High Street, local festivals, and Dalkeith Country Park.