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Guide price

£45,000

3 bed flat for sale
26 West Street, Langholm, Dumfriesshire DG13

    • 3 beds

    • 1 bath

    • 1 reception

  • Auction
  • Freehold

Prime Property Auctions

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About this property

  • Prime new listing. We are excited to present this vacant 1-bedroom flat located within a prime location in Langholm.

  • 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.

  • The flat offers impressive rental potential, with an estimated monthly income of £500 - £575, making it an attractive option for investors. Strong Yield if achieved for Guide price.

  • Situated in a sought-after area, this flat has significant capital growth potential, giving buyers the chance to invest in a thriving community.

- prime new listing. We are excited to present this vacant 3-bedroom flat located within a prime location in Langholm. 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 potential

- The flat offers impressive rental potential, with an estimated monthly income of £500 - £575, making it an attractive option for investors. Strong Yield if achieved for Guide price.

- Situated in a sought-after area, this flat has significant capital growth potential, giving buyers the chance to invest in a thriving community.

Prime new listing. We are excited to present this vacant 3-bedroom flat located within a prime location in Langholm.

The property comprises :First Floor: Lounge, 3 Bedrooms, Kitchen and Bathroom with w.c.

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. Once the property has been renovated it would have an expected value of £75,000 given local sales evidence.

The flat offers impressive rental potential, with an estimated monthly income of £500 - £575, making it an attractive option for investors. This would generate an annual income of £6,000 - £6,900

Situated in a sought-after area, this flat has significant capital growth potential, giving buyers the chance to invest in a thriving community.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**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 lot is open to immediate offers. Should you wish to offer now, you can do so via our “Offer now” button on our website.

Estimated monthly income of £500 - £575, making it an attractive option for investors. This would generate an annual income of £6,000 - £6,900 would generate a gross rental yield of 13.3-15.3%

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.

For further details on how to have a bidding account created, please contact the team.

Location

Langholm, known as the "Gateway to Scotland, " is a picturesque town in Dumfriesshire, offering a blend of charming architecture and rolling landscapes. With a vibrant community and rich cultural heritage, it provides an idyllic setting for those looking to enjoy peaceful living while still having access to local amenities and recreational activities.

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More information

  • Tenure

    Freehold

  • Council tax band

    A

See all recent sales in DG13

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