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Kerrigan Way, Berwick-Upon-Tweed, TD15

Scotland

£60,000
Listed on 07/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This building plot, spanning approximately 0.15 acres, is situated in the charming village of Foulden within Berwickshire. The land comes with detailed planning permission granted by Scottish Borders Council (Ref: 15/00229/FUL) for a single two-storey dwelling along with a garage, making it an attractive prospect for both personal use and investment. The approved plans outline a spacious three-bedroom detached house that features a total internal area of 130 square meters. The design allows the home to blend seamlessly with the existing character of the neighborhood, presenting itself gracefully from the Kerrigan Way viewpoint. Foulden's location enhances this property's appeal. Situated about four miles west of Berwick-upon-Tweed, this quaint village offers residents a peaceful setting while maintaining easy access to urban amenities. The nearby historic town is well-known for its Elizabethan architecture and vibrant community life, featuring a mix of independent shops alongside familiar retail chains and supermarkets. For those interested in leisure activities, Berwick-upon-Tweed boasts various options including a leisure center with swimming facilities, tennis courts, as well as sailing and golf at Goswick. Education is also well catered for in the area, offering first through secondary schooling options, plus access to prestigious private education at Longridge Towers. Investors and developers will find excellent potential in this plot due to its favorable planning permissions and prime location near transport links. The inter-city railway station in Berwick provides regular services to London, Edinburgh, and Newcastle, plus easy access to the A1 ensures convenient commuting routes both north and south. Overall, this property represents an opportunity to create a distinctive home or capitalize on its investment prospects in an appealing rural setting.

Investment Analysis

(TD15 area)
Area Average
£205/sq ft

Renovation Potential

Heavy 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
20
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (TD15)

Area prices are falling by +2.2% over the last 12 months
3 year growth: -2.8%
5 year growth: 21.6%
Investment Disclaimer: Analysis based on TD15 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

Kerrigan Way, Berwick-Upon-Tweed, TD15
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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
£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