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St John's Street, Newton Stewart DG8 - Image 1
St John's Street, Newton Stewart DG8 - Image 2
St John's Street, Newton Stewart DG8 - Image 3
St John's Street, Newton Stewart DG8 - Image 4
St John's Street, Newton Stewart DG8 - Image 5

St John's Street, Newton Stewart DG8

Scotland

£50,000
Listed on 01/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This property presents a promising renovation opportunity in the tranquil town of Whithorn, located in Newton Stewart. With three bedrooms and a flexible layout spread across two and a half levels, it offers ample space for creative updates. The interior features include a welcoming vestibule, a hall that leads into a large open-plan living and dining kitchen area, as well as a cozy sitting room. The master bedroom is equipped with double wardrobes and an en-suite shower, complemented by two additional double bedrooms and a well-proportioned bathroom. Notably, there are fully lined and boarded attic rooms accessible via a fixed staircase, which could be transformed into additional living or storage space. The property boasts several upgrades that enhance its appeal for potential investors. Fully double-glazed windows improve energy efficiency, while gas central heating powered by a modern combi boiler installed in 2017 ensures comfort throughout the year. Outside, the spacious backyard provides further possibilities for landscaping or development, adding to the property's charm. Situated on St. John's Street, this home benefits from its proximity to local amenities within Whithorn and the scenic attractions of Dumfries and Galloway, including Galloway Forest Park and Wigtown Bay Local Nature Reserve. This location not only enhances quality of life but also presents an attractive proposition for rental opportunities. Market research indicates that renovated properties in the area can command rental prices of up to £800 per month or potentially serve as short-term rentals—subject to necessary planning permissions—with projected earnings of approximately £1,680 monthly at an 80% occupancy rate. For investors looking to enter the market or first-time buyers interested in customizing their new home, this property represents a solid investment opportunity at an attractive price point compared to recent local sales figures. As such, it's poised for significant appreciation post-renovation.

Investment Analysis

(DG8 area)
Area Average
£143/sq ft

Renovation Potential

Est. Renovation Cost
£5,000 - £12,500
10-25% of property value
Monthly Sales
16
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (DG8)

Area prices are rising by +6.1% over the last 12 months
3 year growth: 7.4%
5 year growth: 34.8%
Investment Disclaimer: Analysis based on DG8 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

St John's Street, Newton Stewart DG8
Map showing location of St John's Street, Newton Stewart DG8
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