House For Sale £35,000
Dashwood Square, Newton Stewart DG8

ENHANCED TERMS OFFERED ON THIS LOT...
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)

Mid-terraced house converted into two self-contained flats. Early 19th century, 2-storey, 3-bay house. Built around 1830. The main roof is pitched and clad in slate. Freehold Residential Sale. PROPERTY COMPRISES: GROUND FLOOR FLAT - Lounge/Kitchen, One Bedroom, Shower Room with Toilet. FIRST FLOOR FLAT - Landing, Lounge, One Bedroom, Kitchen, Shower Room with Toilet. Substantial town centre traditional property with outhouse situated in an established residential location within Newton Stewart centre. DM Hall home report £60,000 (Sixty Thousand Pounds). EPC Rating - Band D. Net Internal Floor Area (over 2 levels) : 65 square metres approximately (ground floor) 29 Sq.M (first floor 35 Sq.M). Local Authority - Dumfries and Galloway. Upgrading required prior to occupation. REALISTIC COMPLETED DEVELOPMENT VALUE OF OVER £90,000 BASED ON RECENT SALES LOCALLY taking current market conditions into account. Massive demand for new properties locally with low market stock. Super location within the town centre. Newton Stewart is home to a number of local and national retailers including Sainsbury's, Aldi, Co-op, Superdrug and Home Hardware. DM HALL HOME REPORT VALUATION OF £70,000 ON THE HOUSE ALONE- SIGNIFICANT ADDITIONAL VALUE IN REFURBISH AND RE-SALE. Perfect location for AirBNB- massive demand created by the South West Coastal 300 Tourist Route. Realistic income of over £50,000 per annum through short-term rentals. Perfect investment/development property set in affluent market town with potential to add significant value. Offered considerably below Home Report value. Close to local amenities and transport links. HIGH DEMAND LOCATION WITH CONSTANT RENTAL DEMAND- Easy to let property close to local schooling and easy access to town centre. REALISTIC RENTAL POTENTIAL OF £1,000 PCM (£12,000 per annum).

Auction Details
04 April 2024, 10am-3pm
Timed Online Auction

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