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Balcastle Gardens, Lochmaben, DG11

Scotland

£160,000
Listed on 17/04/2026

Property Details

Bedrooms
3
Type
Character Property

Description

This first-floor flat is situated within a traditional sandstone building in the charming village of Lochmaben, surrounded by the natural beauty of Castle Loch Nature Reserve. The property, offered without a chain, features spacious living areas characterized by high ceilings and abundant natural light. With three allocated parking spaces and a private garden, it presents a unique opportunity for various buyers, including first-time homeowners, investors looking for rental potential, or those wishing to downsize. The flat is primed for renovation, providing ample scope for modernizing the kitchen and bathrooms to significantly increase its market value. Upon entering through a private entrance, you are greeted by a bright landing that leads to several generously sized rooms. The living room boasts an attractive bay window and serves as a great space for relaxation or entertaining guests. The existing kitchen retains fitted units but could benefit from updates to create a more contemporary cooking environment. Each of the three bedrooms has advantageous space; the principal bedroom features an ensuite bathroom while the second bedroom provides flexibility as guest accommodation or an office. The family bathroom is centrally located and may require some modern touches to enhance functionality. An additional utility area offers good storage solutions, helping maintain organization throughout the home. Externally, the secluded garden area holds potential for landscaping or adding structures like a garden shed or room. Overall, this flat combines character with significant renovation potential, ideal for those interested in customizing their living space while enjoying life in this scenic village setting.

Investment Analysis

(DG11 area)
Area Average
£163/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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
35%
Properties sold annually

Local Market Trend (DG11)

Area prices are rising by +19.1% over the last 12 months
3 year growth: +25.8%
5 year growth: +43.3%
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

Balcastle Gardens, Lochmaben, DG11
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£567
Based on a loan of £120,000 over 30 years at 3.91% 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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