No longer on the market
This property is no longer on the market
Map
Area stats3 bedroom detached house
Auction
Detached house
3 beds
Key information
Features and description
- Status: Available
- Type: House
- Ownership: Freehold
- Occupation: Vacant
- AUCTION DATE: 13 June 2024
ENHANCED TERMS OFFERED ON THIS LOT...
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)
*FANTASTIC INVESTMENT PROPERTY * sought after 3 bed bungalow in secluded location in Craigs Road, Dumfries. * RICS HOME REPORT VALUE OF £115,000 * Suit shrewd investor excellent Buy to Let. PROPERTY COMPRISES:- Entrance hallway, Cloak room, Lounge Dining room, store room, 3 double bedrooms, Bathroom with shower, Kitchen, Sun room. Property further benefits front and extended rear garden. SALES EVIDENCE:- 2, Maplebank Loaning, Dumfries sold for £291,000 Jan 2024; 53, Rowanbank Avenue Dumfries, sold for £110,000 Jan 2024; 24 St. Marys, Craigs Road, Dumfries sold for £240,000 Mar 2017. HIGH YIELDING INVESTMENT OPPORTUNITY Realistic rent in the area £1050pcm giving an annual income of £12,600 and offering superb yield of 15% if achieved for the guide price. Property is Cash Sale only. Non traditional build bungalow and may therefore not be suitable for mortgage purposes. Any buyers should investigate and satisfy themselves as to suitability for mortgage purposes before bidding. Large secluded property - tremendous development opportunity - large rear garden could be suitable for residential development plot or a garage. (Subject to investigating & gaining necessary consents).
Auction Details
13 June 2024, 10am-3pm
Timed Online Auction
How to Bid Now
Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 400 lots auctioned every 2 weeks including flats, houses, land & commercial.
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)
*FANTASTIC INVESTMENT PROPERTY * sought after 3 bed bungalow in secluded location in Craigs Road, Dumfries. * RICS HOME REPORT VALUE OF £115,000 * Suit shrewd investor excellent Buy to Let. PROPERTY COMPRISES:- Entrance hallway, Cloak room, Lounge Dining room, store room, 3 double bedrooms, Bathroom with shower, Kitchen, Sun room. Property further benefits front and extended rear garden. SALES EVIDENCE:- 2, Maplebank Loaning, Dumfries sold for £291,000 Jan 2024; 53, Rowanbank Avenue Dumfries, sold for £110,000 Jan 2024; 24 St. Marys, Craigs Road, Dumfries sold for £240,000 Mar 2017. HIGH YIELDING INVESTMENT OPPORTUNITY Realistic rent in the area £1050pcm giving an annual income of £12,600 and offering superb yield of 15% if achieved for the guide price. Property is Cash Sale only. Non traditional build bungalow and may therefore not be suitable for mortgage purposes. Any buyers should investigate and satisfy themselves as to suitability for mortgage purposes before bidding. Large secluded property - tremendous development opportunity - large rear garden could be suitable for residential development plot or a garage. (Subject to investigating & gaining necessary consents).
Auction Details
13 June 2024, 10am-3pm
Timed Online Auction
How to Bid Now
Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 400 lots auctioned every 2 weeks including flats, houses, land & commercial.
Area statistics
Home prices (average)
3 bedroom detached houses
£208,250
£208,250
About this agent
We are Scotland's LARGEST dedicated residential and commercial Property Auctioneer. Our regular programme of large scale property auctions feature lots from throughout Scotland and the wider UK as well as regular properties available for purchase by Private Treaty and Tender. Our Auction calendar features both traditional and online property auctions covering the whole of the country. Each Auction offers a mix of Commercial and Residential property as well as land and other development opportunities. Properties are accepted from both Private and Corporate Vendors alike and we welcome enquires from all potential clients. Future Auctions LTD is a Limited Company registered in Scotland with Registration Number 358597. We are a fully indemnified professional limited company regulated by the Property Ombudsman. Our auctioneers are all members of the National Association of Auctioneers and Valuers thus ensuring our strict code of conduct and professionalism.