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Quaas Loaning, Lockerbie DG11

Scotland

£75,000
Listed on 09/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This is a significant opportunity to acquire a generously-sized plot of land in the vibrant market town of Lockerbie, well-connected by both road and rail, facilitating easy access to major urban centres. The site offers Planning Permission in Principle for a residential dwelling, making it an attractive investment for those looking to create a bespoke home or develop property in a desirable area. Spanning approximately 720 sqm, the plot was formerly part of garden grounds from adjacent properties and is conveniently situated within walking distance to the town centre. Lockerbie boasts ample local amenities including recreational facilities such as an 18-hole golf course, bowling green, ice rink, and squash court. The nearby county town of Dumfries presents additional shopping options and entertainment venues, enhancing the lifestyle appeal of this location. As this land comes with planning permission, it provides a unique canvas for potential growth in value following development.

Investment Analysis

(DG11 area)
Area Average
£162/sq ft

Renovation Potential

Light 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
16
Average per month
Market Turnover
68%
Properties sold annually

Local Market Trend (DG11)

Area prices are rising by +22.0% over the last 12 months
3 year growth: 25.1%
5 year growth: 46.4%
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

Quaas Loaning, Lockerbie DG11
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£275
Based on a loan of £56,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE