Property for sale
Key information
Property description & features
- Tenure: Freehold
- Prime Property Auctions is excited to bring to market this exceptional Commercial Development Opportunity with Planning Permission, located within a prime location in Castle Douglas, Kirkcudbrightshi
- Property was previously a dentists surgery and has been recently granted planning permission to convert the first floor into a 3 bed dwelling and the second floor into a 2 bed flatted dwelling, 24/01
- If converted, both properties could potentially achieve a combined rental income of £1400 £1500 per calendar month, generating an annual income of £16,800 £18,000 or a gross yield of 18% if a
- * 43, Carlingwark Street, Castle Douglas, Kirkcudbrightshire, DG7 1 HD Sold for £205,000 in June 2024, 12, Miller Place, Castle Douglas, Kirkcudbrightshire, DG7 1 HJ Sold for £175,276 in November 2
- If converted, property could achieve a GDV of circa £375,000 subject to degree and spec of renovation. * FANTASTIC POTENTIAL RETURN ON INVESTMENT *
- Prime Property Auctions is excited to bring to market this exceptional Commercial Development Opportunity with Planning Permission, located within a prime location in Castle Douglas, Kirkcudbrightshire. *GUIDE OF £100,000*
- Property was previously a dentists surgery and has been recently granted planning permission to convert the first floor into a 3-bed dwelling and the second floor into a 2-bed flatted dwelling, 24/0177/FUL. * SURE TO APPEAL TO A SHREWD DEVELOPER *
- If converted, both properties could potentially achieve a combined rental income of £1400 - £1500 per calendar month, generating an annual income of £16,800 - £18,000 or a gross yield of 18% if achieved at a guide price of £100,000. * SUPERB POTENTIAL YIELD *
- * 43, Carlingwark Street, Castle Douglas, Kirkcudbrightshire, DG7 1HD Sold for £205,000 in June 2024, 12, Miller Place, Castle Douglas, Kirkcudbrightshire, DG7 1HJ Sold for £175,276 in November 2022 *
- If converted, property could achieve a GDV of circa £375,000 subject to degree and spec of renovation. * FANTASTIC POTENTIAL RETURN ON INVESTMENT *
Prime Property Auctions is excited to bring to market this exceptional Commercial Development Opportunity with Planning Permission, located within a prime location in Castle Douglas, Kirkcudbrightshire. *GUIDE OF £100,000*
Property was previously a dentists surgery and has been recently granted planning permission to convert the first floor into a 3-bed dwelling and the second floor into a 2-bed flatted dwelling, 24/0177/FUL. * SURE TO APPEAL TO A SHREWD DEVELOPER *
Proposed property on the first floor comprises: Entrance hallway, kitchen, 3 double bedrooms, a bathroom and a lounge.
Proposed property on the second floor comprises: Entrance hallway, lounge, kitchen/diner, bathroom, 2 spacious bedrooms, with ample storage space throughout. * SURE TO APPEAL TO A SHREWD DEVELOPER *
If converted, both properties could potentially achieve a combined rental income of £1400 - £1500 per calendar month, generating an annual income of £16,800 - £18,000 or a gross yield of 18% if achieved at a guide price of £100,000. * SUPERB POTENTIAL YIELD *
If converted, property could achieve a GDV of circa £375,000 subject to degree and spec of renovation. * FANTASTIC POTENTIAL RETURN ON INVESTMENT *
Sales Evidence:
* 43, Carlingwark Street, Castle Douglas, Kirkcudbrightshire, DG7 1HD Sold for £205,000 in June 2024, 12, Miller Place, Castle Douglas, Kirkcudbrightshire, DG7 1HJ Sold for £175,276 in November 2022 *
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.
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:
Castle Douglas is a picturesque market town nestled in the heart of Dumfries and Galloway, in southwest Scotland. Known as the "Food Town" due to its rich agricultural heritage and vibrant local produce scene, Castle Douglas offers a charming blend of rural tranquillity and lively community life. Situated just 18 miles southwest of Dumfries and close to the beautiful Solway Coast, this town provides an idyllic setting for those seeking a peaceful yet connected lifestyle.
The town is family-friendly, with a strong sense of community and excellent educational facilities. Castle Douglas High School and several well-regarded primary schools serve the area, ensuring that children receive a quality education close to home. The town also has a variety of clubs and organisations, from sports teams to arts groups, fostering a vibrant community spirit.
Transport links in Castle Douglas connect the town to the wider region with ease. The A75, part of the Euroroute E18, runs through the town, providing direct road access to Dumfries, Stranraer, and beyond. Regular bus services link Castle Douglas with nearby towns and cities, while Dumfries offers rail connections to Glasgow and Carlisle.
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Property reference 209928942. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions - Glasgow.
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Broadband availability and predicted speed: obtained from Ofcom on April 25, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on April 25, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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