4 bedroom detached house

 

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• Prime Property Auctions is excited to bring to market this stunning four-bedroom, semi detached house located within a sought after Prestonpans address. *Home Report of  £250,000*

 

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• *East Preston Lodge, Preston Road, Prestonpans, Eln EH32 9EN previously sold for £355,000, 1, South Crescent, Prestonpans, East Lothian EH32 9PF sold for £310,000*

 

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• If run as an airbnb, property could command a nightly rate of £300 per night which would generate a monthly income of £7300/month based on 80% occupancy (subject to gaining necessary planning permission).

 

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• This property requires light renovations. Sure to appeal to first time buyers or shrewd investor looking for a rare opportunity with remarkable capital growth potential

 

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• Property is located near a whole host of local amenities including restaurants and coffee shops, close to schools with public transport easily accessible nearby.

 

Prime Property Auctions is excited to bring to market this stunning four-bedroom, semi detached house located within a sought after Prestonpans address. *Home Report of  £250,000*

 

Property Comprises: 

 

Entrance Hallway, Livingroom, 4 Spacious Bedrooms, Bathroom, Shower Room and Kitchen. Property also benefits from a front and rear garden and boasts both driveway and garage. 

 

Property is located near a whole host of local amenities including restaurants and coffee shops, close to schools with public transport easily accessible nearby.

 

Sales Evidence: 

 

*East Preston Lodge, Preston Road, Prestonpans, Eln EH32 9EN previously sold for £355,000, 1, South Crescent, Prestonpans, East Lothian EH32 9PF sold for £310,000*

 

If run as an airbnb, property could command a nightly rate of £300 per night which would generate a monthly income of £7300/month based on 80% occupancy (subject to gaining necessary planning permission).

 

This property has the potential to be used for serviced accommodation, subject to necessary consents, with similar properties achieving a rate upwards of £300 per night *HIGH YIELD POTENTIAL*

 

The local areas have seen some great sales recently showing that there is strong demand recently.

 

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.

 

 Potentially high yielding investment property.

 

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: 

 

Prestonpans, a historic coastal town in East Lothian, Scotland, offers attractive investment opportunities with its rich heritage, strategic location, and ongoing development projects. Situated on the southern shore of the Firth of Forth, the town benefits from excellent transport links to Edinburgh, enhancing connectivity and accessibility.The local economy, supported by tourism, small businesses, and renewable energy, is bolstered by significant investments in infrastructure and community initiatives aimed at revitalizing the area. Prestonpans' historical significance, scenic coastal views, and vibrant community spirit make it an appealing destination for investors seeking growth and opportunities in a dynamic and culturally rich town.