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Lockerbie DG11

Scotland

£450,000
Listed on 06/10/2025

Property Details

Bedrooms
5
Type
Property With Land
Area
2701 sqft

Description

This distinctive two-storey farmhouse, set amidst approximately 5.113 acres of grazing paddocks, presents a remarkable opportunity for renovation and personal enhancement. The property features a spacious layout with four to five bedrooms, multiple living areas including a lounge and sitting room, a kitchen/diner, utility room, office space, and family bathroom. While much of the home has been improved over time, two rooms and a WC are in need of cosmetic updates, offering new owners ample potential to tailor the interiors to their preferences. Additionally, the property boasts traditional outbuildings—currently serving as storage and workshop spaces—that may hold development possibilities for further residential use such as an annexe or even an Airbnb venture. The picturesque setting combines rural charm with practical access to major roads, making it ideal for equestrian activities or small-scale agriculture. This home not only provides a substantial living space but also invites visionary investment in its existing structures.

Investment Analysis

(DG11 area)

Above Market Value

This property is priced +0.9% above area average per sq ft

+0.9%
This Property
£167/sq ft
Area Average
£165/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£490,529
10% above area average per sq ft
Potential ROI
-0.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
39%
Properties sold annually

Local Market Trend (DG11)

Area prices are rising by +19.3% over the last 12 months
3 year growth: +26.7%
5 year growth: +44.5%
Investment Disclaimer: Analysis based on DG11 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

Lockerbie DG11
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,623
Based on a loan of £337,500 over 30 years at 4.06% 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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