Old Gateside, Balmaclellan, DG7 3PW
TH

Old Gateside, Balmaclellan, DG7 3PW

By Threave Rural

£ 260,000

Reviews

3 out of 5 stars

Threave Rural says ..

A TRADITIONAL GALLOWAY COTTAGE SITUATED JUST ON THE PERIPHERY OF THE PRETTY VILLAGE OF BALMACLELLAN BENEFITTING FROM AN AREA OF AMENITY LAND

Property Oracle says ..

The property at Old Gateside, Balmaclellan, DG7 3PW is a detached house with four bedrooms and one bathroom, listed at £260,000. The property sits on a plot of land and requires some renovation work.

The property’s condition appears to be fair. While the structure seems sound, the interior requires significant updating and modernisation. The kitchen and bathroom are dated, and the interior walls and floors need attention. The property shows signs of age and wear, and some areas, such as the flooring, appear worn. A full renovation would likely be necessary to bring the property up to modern standards.

The land surrounding the property is a significant feature. The images show a substantial area of land, providing ample outdoor space. This is a positive aspect of the property, particularly in a rural setting.

Considering the list price of £260,000, the average price in the area is significantly higher at £664,853. However, the average price per square foot of £473.00 is considerably higher than the price per square foot implied by this property’s listing price. Given the property’s condition and the need for renovation, the list price appears to be relatively reasonable compared to the average price in the area, but high compared to the average price per sqft. The relatively large plot of land also influences this assessment. More information regarding local comparable properties would provide a more precise evaluation of the list price.

The location is rural, and while this may appeal to some buyers, the lack of readily available information on nearby schools and transportation may be a drawback for others. More details regarding the proximity to amenities and transport links would be needed for a complete location assessment.

Based on the images, the property could be tagged as needing renovation. The property shows signs of age and wear, and the interior requires updating.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
0
Land
8
Bedrooms
4
Bathrooms
1
Sqft (est)
1,004.75

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
542,565.00 £
Increased by 25.58 %
from 432,042.50 £
Average area rental value
1,925.00 £/mo
Decreased by 6.28 %
from 2,054.00 £/mo
Est letting value
2,009.50 £/mo
Increased by 100.00 %
from 1,004.75 £/mo
Est rental Yield
4.55 %
Increased by 9.11 %
from 4.17 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Threave Rural created the listing.

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
B7075 £ 320,00000.00 KM
Holmside £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lylach Cottage, Balmaclellan £ 150,000BUY6 / 101.17 KM
Ellesmere, Balmaclellan £ 70,000BUY4 / 101.17 KM
Mavis Grove, Balmaclellan, Castle Douglas £ 295,000BUY6 / 101.28 KM
Torwilkie, Balmaclellan £ 450,000BUY6 / 101.89 KM
Cruachan House, New Galloway, Castle Douglas DG7 £ 620,000BUY7 / 101.97 KM