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Three-bedroom mid-terrace house

Kelloholm, DG4 - Get Access

3 bed

Description

PRIME INVESTMENT OPPORTUNITY. Tenanted 3 bedroom mid-terrace house located within the peaceful countryside village of Kelloholm, Sanquhar. Currently LET at £498.33pcm (£5,979.96 Per Annum), offering an immediate return on investment. House prices in the DG4 6RB area have averaged £76,761 over the last year. The property benefits from excellent access to local amenities and transport links, including proximity to Kirkconnel Train station and the A76 trunk road, facilitating easy travel to Dumfries and Ayrshire. Schooling is also available within the village. Kelloholm is situated in Dumfries and Galloway, with Sanquhar approximately 3 miles away, offering a wider range of shops and services, including a swimming pool and golf course. The M74 motorway is approximately a 30-minute drive away, providing convenient access to Glasgow, Edinburgh, and Carlisle. Tenancy Details: Type of Agreement: Basic Lease, Rent: £5,980 per year / £498 per month, Yield: 13% (approx), Tenant: Private Individual. Terms of Sale: 10% Deposit (Minimum £3,000), Standard Completion (Unless specified differently in any Special Conditions of Sale), Buyers Fee = 2% of Sale Price (Minimum £3,250 + vat). Standard terms are 4-week completion with a 1-week extension.
Comparable sales
83, Greystone Avenue, Kelloholm, DG4 6RB 0.0 mi
House
£63,500
7 months ago
3, Polmeur Road, Kelloholm, DG4 6SG 0.0 mi
House
£82,000
7 months ago
51, Greystone Avenue, Kelloholm, DG4 6RB 0.0 mi
House
£33,000
9 months ago
Estimated market value
£
Range: £ — £
Medium confidence Floor Area Estimated: 950 sq ft

This three-bedroom mid-terrace house in Kelloholm has been valued by examining local market trends across the DG4 6RB postcode area, where typical terraced properties average around £76,761. The valuation accounts for an estimated internal floor area of 950 square feet and a fair overall condition based on external visual assessment. A specific adjustment has been factored in to reflect the current tenanted status under a basic lease agreement.

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