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Denholm, TD9

Scotland

£140,000
Listed on 13/03/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

Situated in the scenic Scottish Borders, the village of Denholm offers a charming blend of community spirit and natural beauty. This picturesque location boasts easy access to nearby towns such as Hawick and Jedburgh, making it an attractive option for those seeking a tranquil lifestyle without compromising on convenience. With its traditional stone homes, inviting village green, and independent shops, Denholm provides a welcoming atmosphere complemented by rolling countryside and abundant walking trails—ideal for outdoor enthusiasts. The property in question spans approximately 1.38 acres on the outskirts of Denholm, conveniently located just off the A698. This prime plot is not only easily accessible but also presents significant renovation and development potential. Currently holding full planning permission for two semi-detached two-storey houses, this site allows for a thoughtful blend of residential development within a desirable area. The approved plans feature homes designed with an emphasis on traditional architecture that harmoniously integrates with their surroundings while offering modern comforts. The proposed dwellings will occupy the southern corner of the lot, ensuring that the upper section remains open space—preserving privacy as well as providing a connection to the beautiful landscape. Moreover, there is flexibility in these plans; potential buyers may consider modifying the current approval to create a single larger dwelling if preferred. Such changes could enhance design possibilities and offer more spacious living arrangements or outdoor areas. Any alterations would require consultation with local planning authorities but could lead to a more tailored investment opportunity. Essential utilities are readily available, including mains electricity nearby and confirmed mains water and drainage connections on site. As part of the Scottish Borders Local Development Plan and within the Denholm Conservation Area guidelines, this property holds further appeal for developers looking to invest in a thriving community while respecting its heritage. In summary, this land offers an exceptional investment opportunity with clear potential for growth in a highly sought-after area. Its combination of location benefits, existing planning permissions, and scope for customization makes this plot an intriguing prospect for forward-thinking buyers ready to make their mark in Denholm.

Investment Analysis

(TD9 area)
Area Average
£141/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£200,000 - £300,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
51%
Properties sold annually

Local Market Trend (TD9)

Area prices are rising by +6.3% over the last 12 months
3 year growth: 10.2%
5 year growth: 16.5%
Investment Disclaimer: Analysis based on TD9 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

Denholm, TD9
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£513
Based on a loan of £105,000 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