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North Street, Duns TD11

Scotland

£135,000
Listed on 13/02/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1399 sqft

Description

This historic terraced property, originally a public house dating back to 1722, presents a unique opportunity for renovation or repurposing. Having ceased operations in the summer of 2022, the building has been stripped down to its basics, offering an ideal blank canvas for those interested in restoring it as a traditional pub or transforming it into a family residence—pending necessary planning permissions. Located on the outskirts of Duns Town Centre, this property enjoys a secondary trading position within a predominantly residential area. The town of Duns serves as the County Town of Berwickshire, with a population of approximately 2,760 residents. Despite its small size, Duns offers an expansive rural catchment and is equipped with essential amenities such as primary and secondary schools, various independent shops, public houses, restaurants, veterinary services, and community facilities. Additionally, attractions such as Duns Castle and the Jim Clark Museum enhance the region's appeal. Externally, the ground floor boasts a yard area that has been cleared and holds significant potential for creating either a private patio garden or an outdoor seating area suitable for a pub setting. A sizable outbuilding extends from this area and provides versatile options for use or further development. The tiered outdoor space includes a predominantly lawned section with high boundary walls that ensure privacy. The property benefits from mains electric, gas, water, and drainage services. With an internal floor area of 130 square meters and a current Rateable Value set at £3,200 effective from April 1, 2023, this site offers substantial investment potential in a location rich with community spirit and historical charm. Viewing is encouraged to fully appreciate what this property can become.

Investment Analysis

(TD11 area)

Below Market Value

This property is priced -50.7% below area average per sq ft

-50.7%
Potential saving
This Property
£96/sq ft
Area Average
£196/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£301,009
10% above area average per sq ft
Potential ROI
+18.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (TD11)

Area prices are rising by +7.1% over the last 12 months
3 year growth: 3.7%
5 year growth: 30.3%
Investment Disclaimer: Analysis based on TD11 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

North Street, Duns TD11
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£495
Based on a loan of £101,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE