Hazliebrae Farm, Lockerbie, DG11 1LZ

Description

• PRIME NEW LISTING. We are excited to present this vacant 5-bedroom traditional farmhouse boasting Acres 0.45, located within a prime location in Lockerbie. HOME REPORT £400,000

• **Willowfield, C17n From Annandale Eskdale Boundary To C16n At Sheildhill, Lochmaben, Lockerbie DG11 1SA SOLD FOR £508,000 IN SEPT 2016, Vendaceburn, B7020 From C25a Near Millriggs To Annan Road, Lochmaben, Hightae, Lockerbie DG11 1JE SOLD FOR £531,509 IN FEB 2023**

• Guest houses in the area start from approximately £140 per night, offering an excellent opportunity for serviced accommodation. With a 70% occupancy rate, you could achieve as much as £2,980 per month or an impressive £35,770 annually, providing a potential gross yield of 14.3% if secured at the guide price.

• This property presents a rare project and a marvelous BRRR (Buy, Refurbish, Rent, Refinance) opportunity. While there is no planning currently in place, all planning enquiries can be directed to the relevant local council.

• The property is available at a fantastic discount to ensure a swift auction sale, presenting an exceptional opportunity for potential buyers looking for value and investment potential.

PRIME NEW LISTING. We are excited to present this vacant 5-bedroom traditional farmhouse boasting countryside views, located within a prime location in Lockerbie.

The property comprises a welcoming conservatory, a charming dining room, and a cosy living room offering ample space for relaxation. The well-equipped kitchen/breakfast room is perfect for culinary enthusiasts. Additional features include a practical utility room, a convenient W.C, and a useful store. There is a separate living room with access, creating potential for expansive options. On the half landing, you'll find a well-appointed bathroom and linen cupboard. The first floor hosts four spacious double bedrooms and a versatile bedroom/hobby room with an en suite. The living room with a connecting staircase to the bedroom/hobby room with en suite may serve as a separate annexe.

Guest houses in the area start from approximately £140 per night, offering an excellent opportunity for serviced accommodation. With a 70% occupancy rate, you could achieve as much as £2,980 per month or an impressive £35,770 annually, providing a potential gross yield of 14.3% if secured at the guide price.

This property presents a rare project and a marvelous BRRR (Buy, Refurbish, Rent, Refinance) opportunity. While there is no planning currently in place, all planning enquiries can be directed to the relevant local council.

The property is available at a fantastic discount to ensure a swift auction sale, presenting an exceptional opportunity for potential buyers looking for value and investment potential.

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:

**Willowfield, C17n From Annandale Eskdale Boundary To C16n At Sheildhill, Lochmaben, Lockerbie DG11 1SA SOLD FOR £508,000 IN SEPT 2016, Vendaceburn, B7020 From C25a Near Millriggs To Annan Road, Lochmaben, Hightae, Lockerbie DG11 1JE SOLD FOR £531,509 IN FEB 2023**

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

Lockerbie is a charming town in Dumfries and Galloway, known for its rich history and picturesque landscapes. With excellent transport links and a welcoming community, it offers a delightful balance of rural tranquillity and modern convenience.

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.