Initial price	£110,000
04/10/24	£107,000
07/11/24	£100,000
08/03/25	£95,000
22/03/25	£80,000
01/04/25	£70,000
Price Change	-36.36%

Prime Property Auctions is offering a unique commercial development opportunity in Castle Douglas, Kirkcudbrightshire, with planning permission to convert a former dentist's surgery into a 3-bed dwelling and a 2-bed flatted dwelling. The property, which has a guide price of £100,000, has potential to generate a combined rental income of £16,800-£18,000 per annum, offering a gross yield of 18%. The development has been granted planning permission, reference 24/0177/FUL, and could achieve a GDV of circa £375,000 subject to the degree and spec of renovation. The property is located in a prime location in Castle Douglas, a picturesque market town in southwest Scotland, known for its rich agricultural heritage and vibrant local produce scene. The town offers a charming blend of rural tranquility and lively community life, with excellent educational facilities, family-friendly atmosphere, and good transport links to the wider region.