Semi-detached bungalow for sale in 1, Smithy House, Station Row, Macmerry EH331Pd EH33

Guide price £250,000
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Semi-detached bungalow for sale - 2 bedrooms

2

Tenure:
Not available
Council tax band:
Not available

Property features

  • Ideal investment opportunity 4 Bed semi detached property - potentially high yield investment ***RICS home report value of £290,000*** affluent semi rural location in Macmerry, East Lothian. Freehold
  • Realistic Rents in the area for a 4 bed house in this location could be up to £2500pcm, giving an income of £30,000pa which would give an *excellent yield*of over 14% if achieved for the guide price.
  • Property consists of:- entrance hallway, living room, dining room, kitchen, 4 bedrooms, family bathroom, shower room with W.C. Double glazing, oil-fired central heating and private rear garden.
  • Local sales evidence:- 34, The Christies, Macmerry, sold for £354,995 Mar 2024;10, The Christies, Macmerry, sold for £325,000 Mar 2024; 5, Mountfair Gardens, Macmerry, sold for £289,995,7 Aug 2024.
  • Macmerry lies just off the A1 so that Edinburgh is only about 30 minutes away by road and there are regular bus services together with rail links from Drem, Longniddry and Dunbar.

Property description

** sale by auction - 06 June 2024 - Deadline for Offers **

ideal investment opportunity 4 Bed semi detached property - potentially high yield investment ***RICS home report value of £290,000*** affluent semi rural location in Macmerry, East Lothian. Freehold Realistic Rents in the area for a 4 bed house in this location could be up to £2500pcm, giving an income of £30,000pa which would give an *excellent yield*of over 14% if achieved for the guide price. Realistic Rents in the area for a 4 bed house in this location could be up to £2500pcm, giving an income of £30,000pa which would give an *excellent yield*of over 14% if achieved for the guide price. Property consists of:- entrance hallway, living room, dining room, kitchen, 4 bedrooms, family bathroom, shower room with W.C. Local sales evidence:- 34, The Christies, Macmerry, sold for £354,995 Mar 2024;10, The Christies, Macmerry, sold for £325,000 Mar 2024; 5, Mountfair Gardens, Macmerry, sold for £289,995,7 Aug 2024 Double glazing, oil-fired central heating and private rear garden. Total Floor Area 128m² Council Tax - Band F. Oil fired Central Heating. Double Glazed Windows **ideal investment opportunity** Well suited for residential investors & property developers. May benefit from some upgrading. Further benefits from a Garden room/dining with patio doors to the garden, Private garden grounds, Ample on street parking Spacious traditionally built, four-bedroom semi-detached bungalow providing flexible accommodation in the tranquil East Lothian village of Macmerry Tranent. The property is presented in good clean condition throughout but may now benefit from some upgrading. The location provides practicality of easy city centre commuting with easy access to the Scottish road and rail network. There are private garden grounds to the side and rear which would make the ideal space for outside entertaining. There is ample on-street parking directly outside the front door and in the surrounding streets. Superb main street location. Flexible accommodation with good sized rooms. Entrance hallway with store cupboard and loft access. Spacious living room with front facing window. Garden room/dining with window and patio doors to the garden. Fitted kitchen with a range of base and wall units, electric cooker, extractor, sky light and a door to the rear garden. Bedroom one with front facing window. Bedroom two with window to the front. Bedroom three with roof window. Bedroom four with rear facing window and store cupboard. Family bathroom with three-piece white suite. Rear hall with access to the rear and store cupboard. Shower room off the rear hall, shower cubicle with electric shower, wc and sink. Double glazing and oil-fired central heating. Private garden grounds to the side and rear. Ample on street parking to the front and the surrounding streets.

Macmerry near Tranent and Haddington which enjoys excellent local shopping, banks, a variety of restaurants and cafés, a choice of clubs and evening classes and all levels of education are catered for. Recreational activities include an 18-hole golf course with many more in the surrounding area, bowling greens, squash, rugby and a sports centre with swimming pool. Many walks can be enjoyed, all within easy distance, including the Lammermuir Hills, John Muir Country Park, the nature reserve at Aberlady and many more around East Lothian’s stunning coastline. Haddington lies just off the A1 so that Edinburgh is only about 30 minutes away by road and there are regular bus services together with rail links from Drem, Longniddry and Dunbar.

Auction Details
06 June 2024,3pm
Deadline for Offers

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