McGowan Housing says ..

Property Oracle says ..

The property is a commercial property that has been converted into a multi-let property. It consists of a ground floor commercial unit and a number of upper floor residential units. The commercial unit appears to be a well-maintained public house. The residential units appear to be in good condition and well-maintained. However, the lack of information regarding the square footage of the property and plot size makes it impossible to provide a comprehensive analysis of the property’s value. The property is located close to Dumfries train station, which is a positive aspect of the location. There is limited information on the surrounding area’s amenities, including schools and shops. The average house price in the area is significantly higher than the listing price of this property; however, it’s important to note that this property is a commercial property that has been converted into a multi-let property, and therefore may not be directly comparable to other residential properties in the area. The lack of a garden is a notable feature. The property’s list price of £260,000 appears low in comparison to the average house price in the area, but this may be justified due to the nature of the property as a multi-let investment opportunity. A more detailed analysis of the property’s individual units and their potential rental income would be needed to accurately assess its value.

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

Images