Town & Country Property Auctions presents a versatile property with development potential, generating £10,200 annual rental income with the opportunity to create an additional 1-bedroom flat in Addiewell, West Lothian!
3 Loganlea Crescent, Addiewell, West Calder, West Lothian
Property with Development Potential
Income Potential
Long-Term Rental:
Approx. £850 Per Month (£10,200 per year)
Additional Development Potential:
Scope to convert part of the property into a self-contained 1-bedroom flat (subject to all necessary planning permissions and consents).
The Opportunity
Located in Addiewell, West Lothian, this property presents an excellent value-add investment opportunity with immediate rental income and further development potential. Demand is supported by excellent commuter access via the nearby A71, M8 motorway and Addiewell Railway Station, providing direct links to Edinburgh and Glasgow. The area also benefits from proximity to major employers throughout Livingston and West Lothian, local schools, retail facilities, and continued residential growth, making it an attractive location for tenants and investors alike. West Lothian Council has also identified future housing opportunities around Loganlea, reflecting ongoing investment in the area.
Key Highlights
• Potential £9,600 annual rental income (£800 PCM)
• Opportunity to convert into an additional 1-bedroom flat (subject to the necessary consents)
• Excellent commuter links via Addiewell Railway Station, the A71 and M8 motorway, with easy access to Edinburgh, Glasgow and Livingston
• Strong tenant demand supported by nearby employment hubs, schools, local amenities and retail centres throughout West Lothian
• Value-add investment opportunity with both income and development potential in an area benefiting from ongoing residential growth
The seller is open to considering pre-auction bids, providing interested purchasers with the opportunity to secure the property before the auction date. Any acceptable offer received may result in the property being sold prior to auction, offering a keen buyer the chance to guarantee their purchase and avoid competitive bidding on auction day.
Potential £10,200 annual rental income
Opportunity to convert into an additional 1-bedroom flat
Excellent commuter links via Addiewell Railway Station, the A71 and M8 motorway, with easy access to Edinburgh, Glasgow and Livingston
* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.
We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.
Viewing: Due to the nature and condition of auction properties, the auctioneers highlight the potential risk that viewing such property carries and advise all to proceed with caution and take necessary requirements to ensure their own safety whist viewing any lots offered. Viewings are conducted entirely at the potential buyers own risk, these properties are not owned or controlled by Town & Country Property Auctions and the auctioneers will not be held liable for loss or injury caused while viewing or accessing the lot. Due to the nature of some auction properties, electricity may not be turned on, therefore viewing times are restricted. Viewers will need to bring their own lighting/ ladders if wanting to inspect cupboards, cellars and roof spaces. Some viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Town & Country Property Auctions will not be liable for any costs or losses incurred due to viewing cancellations or no shows.
All auctioneer fees and deposits stated are non-refundable. The deposit will be applied toward the final purchase price. Auctioneer fees, while not contributing to the purchase price, will still be included in the total chargeable consideration of the property when calculating Stamp Duty Land Tax, Land Transaction Tax, or Land and Buildings Transaction Tax (as applicable depending on whether the property is located in England, Wales, or Scotland).
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