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Rutherford Burnside, Kelso TD5 - Image 1
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Rutherford Burnside, Kelso TD5

Scotland

£85,000
Listed on 04/09/2024

Property Details

Bedrooms
N/A
Type
Detached house

Description

This rare opportunity presents the chance to acquire two residential plots in a sought-after area, known for its picturesque views of the Cheviot Hills and surrounding farmland. Each plot offers ample space, allowing for the potential to construct a detached home tailored to personal specifications, along with room for gardens, garages, and parking facilities. The available Plot 1 spans approximately 0.33 acres (1348 sq.m), providing a generous canvas on which to build. The property is situated in Burnside, an accessible rural locale conveniently positioned between Kelso and St. Boswells—two charming villages that enhance the appeal of this location. St. Boswells, just six miles west, features a welcoming community atmosphere with essential amenities including a well-regarded pub and restaurant. Kelso offers a broader selection of facilities and boasts notable landmarks such as its traditional Market Square and historical abbey ruins, making it one of the area's most attractive towns. Planning permission has been secured for the construction of two dwellinghouses, with conditions that include adding a designated passing place per unit—a commitment that the vendor will fulfill within three months of each plot sale. This flexibility allows prospective buyers to engage in custom development while complying with local regulations (planning reference: 19/00036/PPP). Future residents will benefit from essential services being made available at each site’s edge within six months of the first sale, although new owners will be responsible for their connection and maintenance thereafter. Additionally, there are terms outlined in a Section 75 Agreement regarding contributions towards affordable housing and education. Given the popularity of this region within the Scottish Borders combined with its renovation potential, these plots represent not only an opportunity to build a dream home but also an investment in an area poised for growth. Local schools and recreational options further enhance lifestyle prospects here. Viewing arrangements are available by appointment. Interested parties are encouraged to conduct thorough inspections and familiarize themselves with all aspects of purchasing land in this unique setting.

Investment Analysis

(TD5 area)
Area Average
£194/sq ft

Renovation Potential

Est. Renovation Cost
£8,500 - £21,250
10-25% of property value
Monthly Sales
18
Average per month
Market Turnover
48%
Properties sold annually

Local Market Trend (TD5)

Area prices are stable by +1.7% over the last 12 months
3 year growth: 5.1%
5 year growth: 15.8%
Investment Disclaimer: Analysis based on TD5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Rutherford Burnside, Kelso TD5
Map showing location of Rutherford Burnside, Kelso TD5
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