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Riverside Apartments To Launch In Musselburgh

Posted 28 April 2022 by Keith Osborne

Dundas Estates and Rettie & Co are launching the first collection of apartments at a new development, The Wireworks...

The first release of apartments at an anticipated development in the centre of Musselburgh will launch to market on Monday 2 May.

Dundas Estates will be launching the first phase of one-, two- and three-bedroom apartments at its 140-home development The Wireworks on the banks of the picturesque River Esk. With reservations being taken by property specialists Rettie & Co, prices range from £184,995 to £339,995, catering for a variety of different buyers.

Situated just off of Mall Avenue, the development is near to a wide range of community amenities, high-street shops and cafés, and has excellent bus and car connections to Edinburgh and East Lothian – offering capital convenience and relaxed living for buyers.

Head of sales and marketing at Dundas Estates, Craig Fairfoull, said: “The Wireworks is one of our most exciting projects to date, regenerating a massive area of vacant land that was a real eyesore on the local community into beautiful, high-spec apartments to help quell demand in the area.

“Musselburgh has many positive attributes that has understandably led to it becoming a highly sought-after area to live. The development will appeal to a range of buyers, from first timers to retirees and we’ve already seen high levels of interest.”

Situated on the East Coast near Edinburgh, the up-and-coming ‘Honest Toun’ is quickly becoming a popular destination for those looking to relocate from the capital, due to its value for money and proximity to the city centre.

Dundas Estates is also committing up to £400,000 in Section 75 contributions, which will be invested into local schooling and infrastructure and building 11 affordable homes to help meet rising demand in the area.

A recent report by Rettie & Co shows the EH21 region, where Musselburgh is located, has experienced a strong recovery in the wake of lockdown restrictions being lifted mid-2020, with sales exceeding £24million in March 2021, more than £18million above pre pandemic levels.

Despite increasing popularity, 90% of homes in the area sold for under £400,000, with apartments concentrated at under £160,000, more than £100,000 less than the average flat in the capital.

Craig Fairfoull said: “Some of the properties have their own private balconies, whilst some have their own private gardens, making them the ideal place to relax and enjoy what Musselburgh has to offer.”

Based on the site of Brunton Wireworks, The Wireworks will boast a large central landscaped area central reflective of its picturesque tree-lined surroundings, as well as open-plan living. Homes at the development will benefit from luxury fitted kitchens with Smeg appliances, luxury Roca sanitaryware in all bathrooms and en suites, Hive controllable, high efficiency gas thermal heating and high-spec thermal insulation as well as generous in-built storage, on-site parking, bike storage and EV charging provision.

Find out more at [email protected].

 

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