Plot 45a Lanark Road, Craiglockhart, Edinburgh, EH14 1TL
Scotland
£475,000
Listed on 25/10/2026
Listed on 25/10/2026
The listing
Property details
Bedrooms
5Type
PlotArea
4036 sqftFeatures
- Garage
- Garden
Description
A residential plot of just under half an acre in Craiglockhart, beside the Water of Leith, is offered with planning permission for a substantial five-bedroom detached house of approximately 375 sq m. The proposed design includes an open-plan kitchen, dining and living area, a separate cinema room, and a principal bedroom with dressing room, en suite and terrace. Other bedrooms are shown with either a Jack and Jill en suite or a family bathroom. Plans also include a double garage, plant room and garden store.
The listing states that services are already in place. Mature trees and established greenery surround the site, which is around two and a half miles from Edinburgh city centre. The planning references supplied are 14/03246/VARY and 14/03246/FUL, with further information available through the Edinburgh Council Planning Portal. The proposed layout and permission should be checked against the current planning record and any conditions before proceeding.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
60out of 100
Grade CPotential opportunity
Confidence: LOW
At £475,000, the asking price is exceptionally low against the local £/sqf benchmark, making the chance to acquire this nearly half-acre Craiglockhart plot the standout. It sits beside the Water of Leith among mature trees, with services stated to be in place and planning permission for a substantial contemporary five-bedroom home of about 375 sq m. The CGI shows the proposed open-plan living space, kitchen and island, but these are illustrations rather than a completed dwelling; the value here is in delivering the approved scheme and shaping the finished home. The planning consent and its conditions should be checked, and the riverside setting calls for careful flood and site-condition checks.
This is a ground-up build rather than an interior renovation, so the project scope and delivery economics remain substantial. Limited photo coverage makes the renovation estimate further provisional.
Key opportunities
- Create the permitted approximately 375 sq m five-bedroom home, including the generous open-plan living and dining space and cinema room.
- Shape a private garden setting around the mature trees, with the proposed principal-bedroom terrace and double garage forming part of the scheme.
- Acquire a nearly half-acre Craiglockhart plot beside the Water of Leith at an asking price well below the local £/sqf benchmark.
Key risks
- A cleared plot and a proposed 375 sq m house mean a full construction programme and substantial build budget, not a cosmetic refresh.
- The riverside location makes flood exposure and site conditions important to investigate.
- Verify that the stated planning permission remains current and establish any conditions before relying on the proposed scheme.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,794
Based on a loan of £356,250 over 30 years at 4.45% 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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