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Westwinds, Moffat, DG10

Scotland

£650,000

Listed on 25/10/2023

Property details

Bedrooms
5
Type
Property With Land

Description

This site presents a noteworthy opportunity for developers interested in creating high-end holiday accommodations. Encompassing approximately 6.91 acres, the property is strategically positioned near the market town of Moffat, with planning permission granted to construct five bespoke holiday lodges alongside a new detached dwellinghouse featuring a triple garage. The layout capitalizes on its natural topography to ensure privacy and stunning views of the countryside and a serene pond located on-site. Developers have the flexibility to reposition the lodges within the site’s zoning regulations, allowing for tailored development plans. The approved designs include four spacious two-storey lodges with three bedrooms each, all emphasizing accessibility with downstairs en-suites. One lodge is designated as a one-bedroom unit, catering perfectly to couples seeking an intimate getaway. Importantly, these lodges are legally restricted to holiday use only, ensuring they remain part of the lucrative tourism sector. Located amidst outdoor recreational gems such as the Moffat Hills and Grey Mare's Tail waterfall, this area attracts tourists year-round looking for both adventure and relaxation. The local architecture adds charm to an already appealing destination. Full planning details and site specifications are available upon request; this development provides a remarkable investment potential in an area poised for growth.

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Investment analysis

(DG10 area)
Area Average
£175/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£250,000 - £400,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (DG10)

Area prices are rising by +28.0% over the last 12 months
3 year growth: +9.6%
5 year growth: +17.5%
Investment Disclaimer: Analysis based on DG10 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Westwinds, Moffat, DG10
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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
£2,456
Based on a loan of £487,500 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.

Stamp duty calculator

This calculation uses non-residential (land/commercial) tax rates.

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