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Site at 10 Ashbank, Vogrie Road, Gorebridge EH23 4NJ - Image 1
Site at 10 Ashbank, Vogrie Road, Gorebridge EH23 4NJ - Image 2
Site at 10 Ashbank, Vogrie Road, Gorebridge EH23 4NJ - Image 3
Site at 10 Ashbank, Vogrie Road, Gorebridge EH23 4NJ - Image 4
Site at 10 Ashbank, Vogrie Road, Gorebridge EH23 4NJ - Image 5
Site at 10 Ashbank, Vogrie Road, Gorebridge EH23 4NJ - Image 6
Site at 10 Ashbank, Vogrie Road, Gorebridge EH23 4NJ - Image 7
Site at 10 Ashbank, Vogrie Road, Gorebridge EH23 4NJ - Image 8
Site at 10 Ashbank, Vogrie Road, Gorebridge EH23 4NJ - Image 9
Site at 10 Ashbank, Vogrie Road, Gorebridge EH23 4NJ - Image 10
Site at 10 Ashbank, Vogrie Road, Gorebridge EH23 4NJ - Image 11

Site at 10 Ashbank, Vogrie Road, Gorebridge EH23 4NJ

Scotland

£390,000
Listed on 30/11/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This attractive plot of land presents a noteworthy investment opportunity in a scenic rural area of Gorebridge, Midlothian. With approved planning permission for the construction of two detached family homes, this site spans approximately 0.55 acres and is enclosed by a secure fence and mature trees, offering privacy and a pleasant setting. The development plans include two 1.5 storey houses complete with gardens and driveways, making it an ideal project for builders or investors looking to capitalize on the growing demand for housing in the region. Essential services like mains electricity and water are located nearby, simplifying the connection process. This property allows for both residential development potential and immediate value creation through approved plans.

Investment Analysis

(EH23 area)
Area Average
£245/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
119%
Properties sold annually

Local Market Trend (EH23)

Area prices are rising by +6.9% over the last 12 months
3 year growth: +5.6%
5 year growth: +12.8%
Investment Disclaimer: Analysis based on EH23 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

Site at 10 Ashbank, Vogrie Road, Gorebridge EH23 4NJ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,407
Based on a loan of £292,500 over 30 years at 4.06% 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.

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