Development Site at Victoria Place
By Williamson & Henry
£ 30,000
Reviews
2 out of 5 stars
Williamson & Henry says ..
An opportunity to develop existing lock up garage buildings to form an Artist’s Studio/Workshop and Store within the Artists’ Town of Kirkcudbright. Handily located within easy level walking distance of the town centre and all facilities, the site is subject to the Grant of Planning Permission
Property Oracle says ..
This property is a development opportunity located in Kirkcudbright, Dumfries and Galloway. The listing shows a site comprised of several dilapidated lock-up garages. The current condition requires substantial work before it could be used. The photos show a site containing old garages behind a chain-link fence, with a significant amount of construction debris visible. The plot’s size is not specified beyond the existing garage area; no garden space is apparent. The location is convenient due to its proximity to the town centre but situated in what seems to be an industrial zone. The nearby listings indicate this is a reasonably priced development site, but potential buyers must factor in the cost of demolition, redevelopment, and planning permissions to establish its real value. The absence of specific details about the existing garages’ structure or the approved planning consent for development makes a precise assessment challenging. Prospective buyers should conduct thorough due diligence, including a survey and investigation of planning regulations, to assess their investment’s feasibility and potential return. The property is suitable for an experienced developer comfortable with a project requiring substantial investment and renovation. The surrounding area seems scenic, with proximity to the town center, but lacks detailed information on schools, transport, and other essential services.
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
- 7
- Condition
- 3
- Location
- 6
- Land
- 2
- Bedrooms
- 0
- Bathrooms
- 0
- Sqft (est)
- 657.24
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 %
- Est sale value
- 354,909.60 £Increased by 25.58 %
- Average area rental value
- 1,925.00 £/moDecreased by 6.28 %
- Est letting value
- 1,314.48 £/moIncreased by 100.00 %
- Est rental Yield
- 4.55 %Increased by 9.11 %
- Crime Rate
- 0.00 %
Agent Activity
Williamson & Henry created the listing.
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Dee Walk | £ 0 | 0 | 0.00 KM |
| Victoria Park | £ 0 | 0 | 0.00 KM |
| St Cuthbert Road | £ 0 | 0 | 0.00 KM |
| Stirling Acres Road | £ 220,000 | 0 | 0.00 KM |
| Beaconsfield Place | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Development Site at Victoria Place | £ 30,000 | BUY | 4 / 10 | 0.00 KM |
| 57 Victoria Park, Kirkcudbright | £ 150,000 | BUY | 6 / 10 | 0.38 KM |
| Inverdee, Tongland Road, Kirkcudbright | £ 430,000 | BUY | 7 / 10 | 0.56 KM |
| 20 Millburn Street, Kirkcudbright | £ 695,000 | BUY | 8 / 10 | 0.59 KM |
| Building Plot at the Old Grain Store, Millburn Street, Kirkcudbright | £ 100,000 | BUY | 4 / 10 | 0.62 KM |