A charming stone-built detached cottage in the Midlothian village of Temple has been listed for auction with a guide price of just £99,000, representing a substantial discount from its home report valuation of £250,000. The property, marketed by Auction House Scotland, is described as an exceptional opportunity for buyers seeking a character home in need of modernisation.
Location and Setting
The cottage is situated in Temple, a conservation village approximately 12 miles from central Edinburgh. The area offers a peaceful rural environment while maintaining convenient access to the city and surrounding Midlothian towns. Gorebridge, located just three miles away, provides local schools, shops, and leisure facilities. Public transport links connect to Edinburgh, and the Edinburgh City Bypass offers routes west to Glasgow via the M8 and north over the Forth Road Bridge.
Property Features
The two-storey cottage offers flexible accommodation totaling three bedrooms, with one bedroom on the ground floor and two on the upper floor. The ground floor includes an entrance vestibule, reception hall, spacious lounge/dining room with a feature fireplace, a family room/bedroom, a conservatory, a kitchen, a toilet, and a bathroom. The upper floor houses the additional bedrooms. The property requires a programme of modernisation to realise its full potential, making it an ideal project for buyers with vision, according to the auctioneers.
Auction Details and Pricing
The guide price of £99,000 is significantly below the home report valuation of £250,000, highlighting the property's potential for value appreciation after renovation. Auction House Scotland states: "An exceptional opportunity to acquire a substantial stone built detached cottage in the highly sought after and picturesque village of Temple, Midlothian, offered at auction with a guide price of £99,000 against a home report valuation of £250,000, an outstanding guide price which represents a rare chance to secure a character property at a significant discount to market value." The property will be sold via auction, and interested buyers are encouraged to view the full listing and images on the Auction House Scotland website.
Historical Context
Temple is known for the Old Temple Kirk, a historic church dating back to the 14th century, adding to the village's charm and appeal. The cottage itself, while not listed, contributes to the area's character with its stone construction and traditional layout.
