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Fernoch Drive, Lochgilphead

Scotland

£140,000
Listed on 20/03/2026

Property Details

Bedrooms
4
Type
Semi Detached Bungalow
Area
1411 sqft

Description

This generously sized and extended residence holds significant potential for transformation into a modern family home, making it an excellent investment opportunity. Situated in a tranquil cul-de-sac in Lochgilphead, the property is conveniently located within walking distance of local shops and amenities. While the interior currently requires refurbishment, it boasts ample space suitable for both a growing family or those seeking single-level living. Upon entering, you are greeted by a spacious hallway that includes a practical cloakroom, which could be converted into an additional WC if desired. This hallway leads to a large living room combined with a dining area, providing flexibility for various furniture arrangements. A doorway from the dining section takes you to a utility room that offers access to the rear garden; furthermore, just beyond lies the sizeable extension of the kitchen/dining area that requires roof repairs but will undoubtedly enhance the property's appeal once addressed. The home includes four substantial bedrooms equipped with built-in storage solutions, ensuring ample accommodation for family needs along with a completed family bathroom. The exterior features easy-care gardens leading to a single garage with an up-and-over door. The tiered rear garden presents an opportunity for landscaping and is complemented by a sizeable timber decked area that promises to be an inviting retreat once cleared. With vision and effort, this property can truly shine as an ideal family home.

Investment Analysis

(PA31 area)

Below Market Value

This property is priced -42.0% below area average per sq ft

-42.0%
Potential saving
This Property
£99/sq ft
Area Average
£171/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£265,720
10% above area average per sq ft
Potential ROI
+47.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (PA31)

Area prices are rising by +6.3% over the last 12 months
3 year growth: -2.1%
5 year growth: +16.2%
Investment Disclaimer: Analysis based on PA31 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

Fernoch Drive, Lochgilphead
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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
£496
Based on a loan of £105,000 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.

Stamp Duty Calculator

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