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Park Avenue, Walkerburn, Peeblesshire, EH43 - Image 1
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Park Avenue, Walkerburn, Peeblesshire, EH43

Scotland

£60,000
Listed on 06/10/2024

Property Details

Bedrooms
N/A
Type
Detached house

Description

Nestled along the picturesque banks of the River Tweed, the village of Walkerburn is a charming location with a rich industrial heritage. Established in the mid-19th century as a mill village, it retains many elements of its historical character, reflected in the architecture and layout that still echo its textile production roots. Though the mills have ceased operations, remnants of this past enhance the community's appeal. The natural setting is particularly striking, framed by rolling hills and scenic landscapes typical of the Scottish Borders. This area is well-known for outdoor enthusiasts; nearby trails include sections of the Southern Upland Way, providing hiking opportunities that showcase breathtaking views. In addition to walking and cycling pursuits, Walkerburn offers proximity to vibrant towns such as Innerleithen and Peebles, enriching residents' lifestyles with cultural events and amenities while maintaining a peaceful atmosphere. The property itself consists of approximately 204 sqm of land located centrally within Walkerburn. This plot presents an excellent opportunity for renovation or development, being situated on a south-facing slope in a desirable residential area. Its regular square shape ensures flexibility in design possibilities to fit within local architectural styles. Mains electricity, water, and drainage are presumed to be available nearby, making this site convenient for prospective projects. Currently un-serviced, the plot is sold with planning permission approved for two semi-detached houses featuring two bedrooms each. The planning reference (23/00267/FUL) allows for structures designed to blend seamlessly with neighboring homes, thus enhancing community cohesion while catering to housing demand in this attractive locale. The renewal of planning permission extends until April 2026, providing ample time for development or investment initiatives aligned with local growth trends. With Walkerburn’s strong sense of community and access to nearby recreational facilities—including golf courses and coastal beaches—this property holds considerable potential for those looking to invest in a thriving region while preserving its unique charm.

Investment Analysis

Investment analysis data not available for this area yet.

Location

Park Avenue, Walkerburn, Peeblesshire, EH43
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Mortgage Calculator

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Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£220
Based on a loan of £45,000 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