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Balmaclellan, Castle Douglas, DG7 3QH

Scotland

£125,000
Listed on 02/04/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This property presents a rare opportunity for those looking to invest in a renovation project on a generous 2.5-acre site featuring an extensive traditional building that currently requires significant restoration. Recognized as a derelict Brownfield Site under the Scottish Government’s recent planning policies, this property has potential for redevelopment, supported by a positive Pre-planning Enquiry. Previously, it held full Planning Permission for conversion from 2001 to 2017, which has now lapsed but illustrates the site's capacity for transformation into modern living spaces. The location benefits from stunning views over the Rhins of Kells and is nestled on the outskirts of the charming village of Balmaclellan. The village itself offers essential amenities such as a well-stocked shop and community hub, enhancing its appeal for future residents or tenants. Just across the Ken River lies New Galloway, which is home to various services including a grocery shop, post office, arts venue, café, and a highly regarded primary school. Access to the property is via a shared road leading to ample parking space in front of the traditional mill structure. The land is primarily laid to grass and features a charming meandering stream, providing an excellent setting for those interested in self-sufficient rural living or further development opportunities. Mains electricity is available with connection details to be addressed by the new owner; mains water access is also located near the boundary with permission required from Scottish Water. Nearby communities offer additional resources—St John’s Town of Dalry features award-winning eateries and all levels of education up to secondary school, while Castle Douglas, known as ‘Food Town,’ boasts artisan shops and supermarkets within approximately 15 miles. With public transport links readily accessible to main towns and villages, this site not only provides numerous possibilities for redevelopment but also advantages in terms of local amenities and lifestyle offerings. This property represents an intriguing investment opportunity positioned in an attractive rural setting awaiting your vision.

Investment Analysis

(DG7 area)
Area Average
£168/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £350,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
96%
Properties sold annually

Local Market Trend (DG7)

Area prices are falling by +5.9% over the last 12 months
3 year growth: -8.4%
5 year growth: 18.3%
Investment Disclaimer: Analysis based on DG7 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

Balmaclellan, Castle Douglas, DG7 3QH
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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
£458
Based on a loan of £93,750 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