King Street, Castle Douglas DG7 Property for sale

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King Street, Castle Douglas DG7 Property for sale

189 King Street, Castle Douglas, DG7 1DZ
£100,000

Price History

Initial price £110,000
04/10/24 £107,000
07/11/24 £100,000
Price Change -9.09%

Description

<|start_header_id|>assistant<|end_header_id|> Here is a summary of the property description in a single paragraph: This commercial development opportunity in Castle Douglas, Kirkcudbrightshire, has planning permission to convert a former dentist's surgery into a 3-bed dwelling and a 2-bed flatted dwelling. The property has a guide price of £100,000 and offers a potential annual income of £16,800-£18,000, generating a gross yield of 18%. The property could achieve a GDV of circa £375,000 subject to the degree and spec of renovation. Located in a prime location, the town of Castle Douglas is known as the "Food Town" and offers a charming blend of rural tranquility and lively community life. The town has excellent educational facilities, a strong sense of community, and a variety of clubs and organisations, making it an attractive location for families and investors alike.