West Street, Dumfriesshire DG13 3 bed flat for sale

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West Street, Dumfriesshire DG13 3 bed flat for sale

26 West Street, Langholm, Dumfriesshire, DG13 0DU
£45,000

Our Summary

  • HOME REPORT VALUATION £55,000   -              Sales Evidence: **30, West Street, Langholm DG13 0DU sold for £71,000 in November 2024; 2, West Street, Langholm DG13 0DU sold for £164,000 in October 2024**   -              This property is vacant and in need of a small degree of renovation, presenting an exciting opportunity for those looking to add their own touch
  • Property has excellent capital growth poitential   -              The flat offers impressive rental potential, with an estimated monthly income of £500 - £575, making it an attractive option for investors
  • This property is vacant and in need of a small degree of renovation, presenting an exciting opportunity for those looking to add their own touch
  • The flat offers impressive rental potential, with an estimated monthly income of £500 - £575, making it an attractive option for investors
  • 3%   This property is offered at a fantastic price to ensure an Auction sale
  • The property will feature in our upcoming timed online auction
  • To participate in the live auction, you must have a bidding account created

Description

<|start_header_id|>assistant<|end_header_id|> Here is a summary of the property description in a single paragraph: This prime new listing is a vacant 3-bedroom flat located in a sought-after area of Langholm, offering excellent capital growth potential. The property requires a small degree of renovation, presenting an exciting opportunity for buyers to add their own touch. With an estimated monthly rental income of £500-£575, it's an attractive option for investors, generating an annual income of £6,000-£6,900 and a gross rental yield of 13.3-15.3%. The property has impressive sales evidence in the area, with nearby properties selling for £71,000 and £164,000, and is being offered at a fantastic discount to ensure a sale. With its prime location and potential for renovation, this property is an excellent opportunity for buyers looking to invest in a thriving community.