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South West
£210,000
Listed on 06/10/2026
Listed on 06/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
Penmount Cottage is a characterful three-bedroom detached house in the popular village of Dobwalls, presenting an opportunity for those willing to tackle a renovation project. The asking price of £210,000 is notably cheap compared to the local average of £271/sqf, making this property a compelling option for first-time buyers or investors looking to create value. While the property shows signs of wear and requires significant updating throughout, including a dated exterior and interiors, its generous 80ft rear garden offers ample scope for landscaping or creating an enjoyable outdoor space.
The kitchen and bathroom are functional but may benefit from some cosmetic updates, allowing for a more modern finish that aligns with personal tastes. The living areas retain some character features that could be enhanced further with thoughtful renovations. However, it's important to note that the all-in costs for purchase and renovation look tight against local benchmarks, which could impact potential returns. Overall, this cottage provides a solid foundation for a rewarding renovation journey in a desirable location.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
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