21/23 St. John Street, Newton Stewart, DG8 7JB

Description

• PRIME NEW LISTING. We are excited to present this vacant 5-bedroom end of terrace house located within a prime location in Newton Stewart.

• **59 61 Cherrytrees, St John Street, Newton Stewart DG8 7JB sold for £220,000 in February 2021, 1, Harbour Street, Newton Stewart DG8 7JJ sold for £262,500 in October 2022**

• For rental purposes, properties in the area demand around £1,200 to £1,300 PCM, translating to a potential £14,400 - £15,600 annually. This could generate an impressive 9.29 - 10% gross yield if secured at the guide price.

• This property offers fantastic capital growth potential, appealing to homeowners seeking a new home and investors in search of an easily lettable property in a desirable area.

• Situated near a variety of local amenities, including restaurants and coffee shops, the property is also close to schools with accessible public transport options.

PRIME NEW LISTING. We are excited to present this vacant 5-bedroom end of terrace house located within prime location in Newton Stewart.

The property comprises an inviting hallway entry, a spacious living room, a charming dining room, a well-equipped kitchen with an adjacent pantry, five generously-sized rooms, an attic/loft space offering additional potential, a well-appointed bathroom, a modern shower room, and a convenient garage.

For rental purposes, properties in the area demand around £1,200 to £1,300 PCM, translating to a potential £14,400 - £15,600 annually. This could generate an impressive 9.29 - 10% gross yield if secured at the guide price.

This property offers fantastic capital growth potential, appealing to homeowners seeking a new home and investors in search of an easily lettable property in a desirable area.

Situated near a variety of local amenities, including restaurants and coffee shops, the property is also close to schools with accessible public transport options.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**59 61 Cherrytrees, St John Street, Newton Stewart DG8 7JB sold for £220,000 in February 2021, 1, Harbour Street, Newton Stewart DG8 7JJ sold for £262,500 in October 2022**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

This property is offered at a fantastic price to ensure an auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

Location

Newton Stewart is a charming market town in Dumfries and Galloway, Scotland. Known for its scenic beauty and proximity to the Galloway Forest Park, it offers an array of outdoor activities, along with a welcoming community atmosphere and convenient access to local amenities.

Map

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.