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3 bedroom bungalow for sale
High Street, Langholm, Dumfries and Galloway, DG13
£49,995
High Street, Langholm, Dumfries and Galloway, DG13
£49,995
Our Summary
- This property benefits from its quiet location but requires a full renovation making it the ideal purchase for an investor or developer eager for their next project
- Once work is completed, this property has the potential to acheive in excess of £150,000 on the open market
- Great Development Opportunity
Description
This end-terrace cottage in Langholm is a three-bedroom property that requires a full renovation, making it an ideal purchase for an investor or developer looking for a project. Despite needing work, the property has the potential to achieve a value of over £150,000 on the open market and could generate a rental income of around £725 per calendar month, yielding over 17% if secured at the guide price of £50,000. Located in a quiet area with frequent public bus services and a post office, the property is close to Carlisle, which offers a range of amenities, and is situated in a popular tourist destination due to its proximity to the English border, making it well-suited for a holiday rental.