Prime riverside apartments to launch in Musselburgh

THE FIRST release of apartments at an anticipated development in the centre of Musselburgh will launch to market next week.

May 2nd will see Dundas Estates launch the first phase of one, two and three-bedroom apartments at its 140-home Wireworks development 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 cafes, the development 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 eye-sore 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.

“Given the popularity of the development so far, we would like to urge interested buyers to get in touch as soon as possible so they don’t miss out on securing their dream home.” 

Situated on the East Coast near Edinburgh, the ‘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.

A recent report by property experts Rettie & Co. show 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 £18m 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 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 stylish, open-plan living.

Homes at the development will benefit from luxury fitted kitchens with SMEG appliances, luxury Roca sanitaryware in all bathrooms and ensuites, 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

Dundas Estates, through a partnership with Tesco, East Lothian Council and NHS Lothian, acquired the site after receiving planning permission to regenerate the former Brunton Wireworks site and neighbouring land in 2008.

The Livingston-based firm 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.

To learn more about Dundas Estates’ Wireworks development visit: 

https://www.dundas.co.uk/developments/the-wireworks, call 0131 243 3858 or email: thewireworks@rettie.co.uk

Honest Toun eyed as capital cure following increased housing demand

MUSSELBURGH sees property demand soar with the hope of offering a viable alternative for house hunters seeking a home in Edinburgh.

The Edinburgh EH21 region – Musselburgh – has experienced a strong recovery in the wake of lockdown restrictions being lifted mid-2020, with sales exceeding £24million in March 2021 – more than £18m 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.

The new report by property experts Rettie & Co. has revealed that areas previously considered suitable for buyers with lower budgets such as Leith are on the up, with EH postcodes still considered the most expensive in the country.

It comes after the firm’s latest 140 home development in Musselburgh, The Wireworks, in partnership with independent property developer Dundas Estates, has received more than 600 enquiries in just nine months.

Director of New Homes at Rettie & Co., Calum Miller, said: “Musselburgh is becoming increasingly popular as it offers a viable alternative to Edinburgh within a reasonable price range.

“Typical buyers that, two or three years ago, could have afforded a two-bedroom apartment in Leith, would now be struggling to purchase a one bedroom for the same budget. Musselburgh offers a lot more value for money, still within easy reach of the draw of the capital.”

The average house price in Edinburgh in December 2022 was £312,000, up 9.7% on the previous year according to the Office of National Statistics.

In contrast buyers in East Lothian are paying £285,000 for the average home, which has led to an increase in demand within the region.

Calum said: “We’re currently seeing a spate of enquiries in the EH21 postcode, and for good reason.

“Being a commuter town just outside of Edinburgh, Musselburgh offers the best of both worlds; city convenience with an abundance of green space and amenities such as the River Esk, nearby beaches and the Musselburgh Racecourse, as well as the renowned Luca’s Ice Cream parlour.”

Head of Sales & Marketing at Dundas Estates, Craig Fairfoull, said: “It is important that we meet the demand for housing in what is becoming an ever-popular destination in the east of Scotland.

“We are delighted to be working alongside Rettie & Co. to help deliver reasonably priced, high-quality homes to meet demand in Musselburgh.”

Dundas Estates, through a partnership with Tesco, East Lothian Council and NHS Lothian, acquired The Wireworks site after receiving planning permission to regenerate the former Brunton Wireworks site and neighbouring land in 2008.

The development will have the capacity to store 140 bicycles in internal and external bikes stores.

Electric car charging facilities will be available throughout the development, and private gardens and balconies will also be available at various apartments.

The Livingston-based firm is committing, through Section 75 payments, to contribute up to £400,000 along with the other partners which will be invested into local schooling and infrastructure.

To learn more about Dundas Estates’ Wireworks development visit: 

https://www.dundas.co.uk/developments/the-wireworks, call 0131 243 3858 or email: thewireworks@rettie.co.uk