Worst House on the Street Logo
Preston Avenue, Prestonpans, East Lothian, EH32 - Image 1

Preston Avenue, Prestonpans, East Lothian, EH32

Scotland

£42,500
Listed on 06/03/2025

Property Details

Bedrooms
3
Type
Detached house

Description

Nestled in the scenic region of East Lothian, this property presents a unique opportunity for those looking to engage in renovation or development. The parcel comes with approved planning permission for the construction of a three-bedroom detached home, making it an ideal prospect for builders and investors seeking to capitalize on this desirable location. The existing framework offers a solid starting point for a residential project, with plans readily available upon request. This flexibility allows you to tailor the design to your vision while benefiting from the groundwork already laid. Accessibility is a notable advantage here, as the plot enjoys convenient access from the main road. Surrounded by established residential neighborhoods, you can expect essential services and amenities to be within easy reach. Future owners will find themselves in a community setting that balances tranquility with connectivity, contributing to the overall appeal of this investment. Given its potential for development and renovation, this property stands out as an attractive option for those looking to make their mark in East Lothian’s growing real estate market.

Investment Analysis

(EH32 area)
Area Average
£274/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£180,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
63%
Properties sold annually

Local Market Trend (EH32)

Area prices are rising by +7.6% over the last 12 months
3 year growth: 6.3%
5 year growth: 28.4%
Investment Disclaimer: Analysis based on EH32 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Preston Avenue, Prestonpans, East Lothian, EH32
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£156
Based on a loan of £31,875 over 30 years at 4.19% interest

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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE