Property for sale

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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: A commercial development opportunity with planning permission is available in Castle Douglas, Kirkcudbrightshire, with a guide price of £100,000. The property, previously a dentist's surgery, has been granted permission to convert the first floor into a 3-bedroom dwelling and the second floor into a 2-bedroom flat. With potential rental income of £16,800-£18,000 per annum, this property offers a superb potential yield of 18%. If converted, the property could achieve a GDV of circa £375,000, providing a fantastic potential return on investment. The property is located in a prime area of Castle Douglas, a picturesque market town in southwest Scotland, with a strong sense of community and excellent educational facilities.