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Plot At Old Water Works, Lochfoot, Dumfries DG28Nn DG2 - Image 1
Plot At Old Water Works, Lochfoot, Dumfries DG28Nn DG2 - Image 2
Plot At Old Water Works, Lochfoot, Dumfries DG28Nn DG2 - Image 3

Plot At Old Water Works, Lochfoot, Dumfries DG28Nn DG2

Scotland

£90,000
Listed on 19/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This approximately 0.51-acre parcel of land, previously part of the Old Water Station in Lochfoot, Dumfries, presents a compelling investment opportunity within a sought-after residential area. The site features largely flat terrain and is shaped predominantly rectangular, with a small brick outbuilding that adds potential value. Access to the plot is convenient from adjacent public roads, including an established right of access over neighboring property. Previously granted planning permission for two dwellings expired in September 2022, thus offering a fresh canvas for developers subject to obtaining new approvals. While currently only partially defined by fixed boundaries, the land boasts panoramic views of the surrounding countryside, making it attractive for residential development or unique individual projects. Its semi-rural setting provides proximity to Lochfoot's amenities while being just 5 miles from Dumfries' extensive services and leisure opportunities.

Investment Analysis

(DG2 area)
Area Average
£169/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
213%
Properties sold annually

Local Market Trend (DG2)

Area prices are stable by +1.2% over the last 12 months
3 year growth: +12.1%
5 year growth: +15.8%
Investment Disclaimer: Analysis based on DG2 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

Plot At Old Water Works, Lochfoot, Dumfries DG28Nn DG2
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£325
Based on a loan of £67,500 over 30 years at 4.06% 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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