3-bedroom house · TD10 6UA
Listing removedListed 153 daysAuction 4 Jun · ended
Opportunity summary
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About
** sale by auction - 04 June 2026 - Timed Online Auction ** **development opportunity full planning permission** (renewal pending) to convert characterful fromer lodge into an substantial modern eco friendly home.
Superb location in Greenlaw, Scottish Borders, rare and unique lot with full planning PERMISI9ON (renewal pending) in place for conversion into substantial eco-friendly family home with ancillary acommodation and a generous workshop/studio space.
Once converted the property has the potential to provide a high yield as an Airbnb, similar properties commanding upto £60per room per night giving an income of £36,000 per annum based on 200 nights.
A rare and exciting opportunity to acquire a characterful stone building in the heart of the charming Scottish Borders village of Greenlaw, with full planning permission (renewal pending) in place for conversion into substantial eco-friendly family home with ancillary accommodation and a generous workshop/studio space.
The building retains much of its original character, including distinctive stonework and a striking original arch, and has been sympathetically prepared for immediate development.
Once a well-loved village hall, the property sits at the end of a quiet no through lane enjoying open views over grazing land.
The design makes excellent use of the space, with courtyard gardens flowing naturally from the main living areas to create a seamless indoor/outdoor feel.
Private off-street parking for up to six cars is also provided.
The Main House will offer a spacious entrance hall, lounge, open-plan kitchen and dining area, utility room, cloakroom, family bathroom, two double bedrooms, and a generous master suite complete with en-suite, dressing room, and stunning views.
The Ancillary Accommodation provides a further kitchen, open-plan living and dining area, bathroom, and bedroom, together with a versatile workshop / studio space equally suited to use as a home office or gym.
It can be accessed independently from the courtyard or directly from the main house, and benefits from its own secluded rear garden.
Property comprises:- Ground Floor:- • Open-plan kitchen/dining/living area • Walk in Pantry • Utility room/boot room • WC/shower room • Access to courtyard, ancillary accommodation and rear garden First Floor:- • Master suite with en-suite and dressing room/office • Two double bedrooms • Family bathroom Ancillary Accommodation • Living room • Kitchen • Bathroom • Bedroom • Workshop/studio/office/gym space • Access to courtyard and rear garden Additional Information • Architectural plans designed around all existing utilities and drainage • Development Contribution to Scottish Borders Council paid in full • All demolition completed with requisite permissions in place • All necessary surveys completed, including bat survey • Full planning permission granted by sbc - currently in the process of renewal • Potential exists for subdivision into two separate properties, subject to consents.
Accommodation - approximately 400m² Services: Mains water, electricity and drainage.
Greenlaw is an attractive and well-served village in the Scottish Borders, located approximately six miles south of Duns.
Edinburgh is around 40 miles to the north-west, easily reached via the A68, while the A698 connects southward to the A1 north of Newcastle via Coldstream.
The nearest main rail link is at Berwick-upon-Tweed.
The village enjoys a peaceful rural setting with excellent road access, and is well placed for families, with Greenlaw Primary School, Gordon Primary School, and the new £20m Berwickshire High School all nearby.
Auction Details 04 June 2026,10am-3pm Timed Online Auction How to Bid Now Submit an enquiry now or visit our website for full details on how to bid on this property.
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Value & comps
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Returns
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
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FAQ
About 13, Mill Wynd, DEVELOPMENT OPPORTUNITY, Greenlaw, Scottish Borders
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