This property presents a unique opportunity for investors and developers in the historic town of Whithorn. The end-terraced shell structure, comprising four bedrooms, is currently in a state that requires comprehensive refurbishment, but benefits from significant work already completed. Notably, it has undergone clearance, received a new damp-proof course, and features double glazing throughout.
One of the standout aspects of this property is its mixed-use potential; existing planning permission allows for the ground floor to be converted into commercial space with full separation from an upper flat. This flexibility enables buyers to either revive it as a traditional home with a shop or transform it into two distinct units—capitalizing on Whithorn's charm and appeal to tourists.
With projected rental yields exceeding £900 per month and potential serviced accommodation income around £22,000 annually, this investment could provide substantial returns post-renovation. The asking price is notably £60,000 below the Home Report valuation, offering immediate equity for savvy purchasers looking to maximize value through strategic redesign and development.
