Rettie & Co says ..

Property Oracle says ..

The property is located in Greenlaw, Duns, in the Scottish Borders. The surrounding area appears rural, with the property situated next to a stream and farmland. While the provided data doesn’t offer details on proximity to schools, transportation, or shops, the rural setting suggests these amenities may be further away than in more urban areas. This could be a positive for those seeking a quiet, countryside lifestyle, but a negative for those needing easy access to urban conveniences. The photos clearly show the property is in need of significant renovation. The stone structure is present, but the roof is dilapidated, and the interior appears largely unfinished and in disrepair. This will require substantial investment to bring it up to a habitable standard. The property includes a sizeable plot of land, as shown in the aerial photos. The land appears suitable for development, potentially offering opportunities to expand the property or create additional outdoor space. The size of the land is a significant positive aspect of the property. The list price of £125,000 is considerably lower than other properties in the area, even accounting for the need for extensive renovation. However, without precise square footage data for comparable properties, a definitive assessment of price per square foot and overall value is challenging. The lack of bathrooms and bedrooms further complicates a price comparison. The relatively low price could be attractive to buyers willing to undertake a substantial renovation project, but the lack of modern amenities must be considered.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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