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Annfield Cottage, Loanstone, Penicuik, EH26 8PH

PROPERTY TYPE

Cottage

BEDROOMS

2

BATHROOMS

1

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Excellent development opportunity with full planning permission in place
  • Two-bedroom detached cottage with approved extension plans
  • Separate approved building plot for a four-bedroom detached house
  • Generous grounds with lovely countryside views

Description

Welcome to Annfield Cottage, a traditional two-bedroom detached cottage occupying substantial grounds extending to approximately 0.48 acres in a semi-rural setting with lovely countryside views. Requiring full refurbishment throughout, the property offers an excellent opportunity for those looking to renovate and create a home of their own, with planning permission already granted for an extension to the existing cottage. The grounds also benefit from separate full planning permission for the construction of a four-bedroom detached house with a double garage, offering an attractive opportunity for developers, investors and self-build purchasers. The cottage and approved building plot are being marketed together, although offers for either property separately will also be considered. Please note the Home Report only refers to the existing property and no reference to the land/planning is considered within the Mortgage Valuation. The combined asking price is taking both parts into consideration but for clarity we estimate the land to be valued in the region of £150,000. This provides flexibility for buyers interested in renovating the existing cottage, building their own home or developing the site as a whole.

Traditional two-bedroom detached cottage requiring full refurbishment throughout. Semi-rural location with lovely countryside views. Generous site extending to approximately 0.48 acres, including the existing cottage and approved building plot. Existing accommodation comprising living room, kitchen, two bedrooms and bathroom. Driveway and off-street parking. Planning permission granted for alterations and an extension to the existing cottage (25/00535/DPP). Separate full planning permission for a four-bedroom detached house within the grounds (25/00158/DPP). Proposed new dwelling comprising entrance hallway, living room, dining kitchen, utility room, fourth bedroom and WC on the ground floor. Proposed upper floor comprising galleried landing, principal bedroom with en-suite, two further bedrooms and family bathroom. Proposed new dwelling also benefits from a driveway and detached double garage. Available as a whole, with offers for the cottage and approved building plot separately also considered. Ideal opportunity for developers, investors and self-build purchasers.

Brochures

Brochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: D
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Driveway
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Annfield Cottage, Loanstone, Penicuik, EH26 8PH

Approximate location

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Affordability

Monthly repayments£1,750
Property: £ 350,000
Deposit: £ 35,000
Interest rate: 5.3%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
Recently sold & under offer
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About McDougall McQueen, Dalkeith Property Hub

25-27 High Street, Dalkeith, EH22 1LD

McDougall McQueen are an award-winning solicitors and estate agents, specialising in Edinburgh and the Lothians, with offices in your town we really are your local experts. Offering friendly advice with your best interests at heart, whether it's moving home with our property team or finalising a will/power of attorney with our private client department, we are often faced with challenging situations that require specialist support. That's why it's always a good idea to have a team of legal professionals on hand to help. Call us now to speak with one of our experts, arrange your free sales valuation, book a viewing for one of our lovely properties or if you need help with your next property purchase.

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Disclaimer - Property reference 279509. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by McDougall McQueen, Dalkeith Property Hub. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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