Damknowe Development Site, Drummore, Stranraer, DG9 9HG
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Damknowe Development Site, Drummore, Stranraer, DG9 9HG

By Threave Rural

£ 100,000

Reviews

2 out of 5 stars

Threave Rural says ..

REDUNDANT FARMHOUSE & A RANGE OF TRADITIONAL BARNS & BYRES WITH PLANNING PERMISSION SET ON A STUNNING ELEVATED SITE WITH FAR REACHING VIEWS OVER THE IRISH SEA AND THE SURROUNDING COUNTRYSIDE

Property Oracle says ..

This property is a plot of land with the remains of what appears to be a ruined house and outbuildings. The land is located in a rural coastal setting in Drummore, Stranraer, offering scenic views but limited access to amenities. The listing price is significantly lower than the average house price in the area, reflecting the property’s condition and the need for extensive renovation or new construction. The plot size is not specified, impacting the overall value assessment. The lack of nearby listings, schools, and transportation hinders a comprehensive evaluation of the location score. Given the substantial work required, the current state of the buildings, and the remote location, the price may be reasonable for someone seeking a development project with coastal views, but it’s crucial to factor in the significant costs associated with demolition, construction, or extensive refurbishment.

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
2
Location
4
Land
6
Bedrooms
2
Bathrooms
0

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 £
Average area rental value
1,925.00 £/mo
Decreased by 6.28 %
from 2,054.00 £/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 Listings

AddressPriceTypeScoreDistance
Damknowe Development Site, Drummore, Stranraer, DG9 9HG £ 100,000BUY4 / 100.00 KM
Erin View, Drummore, Stranraer, Dumfries and Galloway, DG9 £ 245,000BUY7 / 100.37 KM