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38ca861c9f4171499487c598c1b8e40919e8b32e

Fairmilehead, Edinburgh

bedroom property

£1,000,000

Huge development opportunity close to the heart Scotland's capital city, Edinburgh. Planning permission is in place for 10 x 4 bedroom holiday homes. With Edinburgh Festival and Hogmanay celebrations attracting millions of visitors to the city every year this presents an incredible opportunity for an investment in one of the countries most beautiful cities. Set at the foot of the Pentland Hills and less than a couple of miles from Hillend ski centre this is an ideal semi rural location for anyone looking to escape the Hussle and bustle whilst still being close to all that a major city has to offer. There has been a lot of discussions around the expansion of the ski centre which would only add to the potential of the site. Likely rental potential for a short term let during peak season would be around 1,600 per week with an expected annual income of around 30k. As for the site itself, it is a former working farm that will benefit from the redevelopment of the whole area. There is planning permission in place to convert the whole site into 10 different plots. This is a terrific opportunity to be part of a new development that is certain to bring a lot of value to the area.

As well as stunning walks and skiing in the area there is also a number of incredible golf courses. With the site being a couple of miles from Edinburgh bypass it is the perfect base for anybody travelling around Scotland.

In the event of an offer being accepted the following charges will be payable immediately:-

Buyers Fee – 2% of sale price.

Deposit to the sum of 10% of the sale price

Former Boghall Farm Buildings, Biggar Rd, Edinburgh EH10

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