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Marygate, Berwick-upon-Tweed, Berwick, TD15

Scotland

£100,000

Listed on 02/02/2024

Property details

Bedrooms
N/A
Type
Property

Description

This is a development opportunity featuring a derelict former printers workshop situated in a mixed-use area of Berwick-upon-Tweed. Previously granted planning consent for the construction of 11 residential flats, this site presents a significant investment potential. The building is in poor condition and requires complete redevelopment, making it an attractive proposition for developers looking to capitalize on the growing demand for residential properties in this popular commuter town. Located within close proximity to local amenities, schools, and transport links, the site offers convenience alongside potential high rental yields. Prospective buyers are encouraged to explore options for revisiting the planning application with an architect to fully realize the site's capabilities.

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Location

Marygate, Berwick-upon-Tweed, Berwick, TD15
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£378
Based on a loan of £75,000 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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