63 King Street, Castle Douglas, Dumfries and Galloway, DG7
GA

63 King Street, Castle Douglas, Dumfries and Galloway, DG7

By Galbraith

£ 200,000

Reviews

2 out of 5 stars

Galbraith says ..

The subjects comprise a ground, first and second floor mid-terraced office building of stone / brick construction, surmounted by a complex roof that is clad in slate. Located in Castle Douglas.

Property Oracle says ..

This property is a mid-terraced commercial building situated in Castle Douglas, Dumfries and Galloway. The building is of stone and brick construction with a slate roof. The exterior appears structurally sound, retaining some period features, however, the interior requires substantial renovation. The provided photographs reveal dated fittings, some minor damage, and a general need for modernisation. The property includes multiple rooms that currently appear as open office space, requiring considerable redesign and adaptation to become fully functional. Whilst the provided floor plans show a relatively large overall area, the absence of exact details on net usable area and the impact of the current state of disrepair makes a detailed valuation challenging. The building’s location on King Street in Castle Douglas is advantageous, with good visibility and access to local amenities. However, the lack of detailed information on proximity to schools, transportation and other amenities means it’s impossible to determine the overall impact of its location. The existence of a small rear garden is confirmed by the provided plans, however, it is not significantly sized. The listed price of £200,000 requires further analysis. It appears on the higher side given the required investment and information currently provided on comparable properties in the area, although the location is favorable. Potential buyers should thoroughly inspect the property to gauge the extent of necessary works before committing. Overall, this property offers a unique opportunity to develop a commercial space in a well-situated market town but requires a buyer with both vision and significant capital for renovations.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
2
Bedrooms
0
Bathrooms
0
Sqft (est)
7,039.60

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
507,692.00 £
Decreased by 14.14 %
from 591,271.00 £
Est sale value
3,801,384.00 £
Increased by 25.58 %
from 3,027,028.00 £
Average area rental value
1,925.00 £/mo
Decreased by 6.28 %
from 2,054.00 £/mo
Est letting value
14,079.20 £/mo
Increased by 100.00 %
from 7,039.60 £/mo
Est rental Yield
4.55 %
Increased by 9.11 %
from 4.17 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Galbraith created the listing.

Images

63 King Street Office Office Office Reception Area Office Space Office Office Stairway Office Picture No. 12 Board Room Picture No. 14 Picture No. 13

Nearby Streets

NameAverage PriceAverage SqftDistance
Miller Place £ 128,00000.00 KM
Merrick Road £ 000.00 KM
Queen Elizabeth Drive £ 000.00 KM
Cairnsmore Road £ 145,00000.00 KM
Braeside Crescent £ 95,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
58 & 60 King Street, King Street, Castle Douglas, Dumfries and Galloway, South West Scotland, DG7 £ 300,000BUY7 / 100.04 KM
Academy Street, Castle Douglas, DG7 £ 100,000BUY6 / 100.15 KM
King Street, Castle Douglas, DG7 £ 95,000BUY6 / 100.17 KM
King Street, Castle Douglas, DG7 £ 155,000BUY7 / 100.17 KM
Cotton Street, Castle Douglas, DG7 £ 170,000BUY7 / 100.19 KM