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Bank Street, Wigtown DG8

Scotland

£120,000
Listed on 07/10/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

Nestled in the heart of Wigtown, known as Scotland's National Book Town since 1998, this three-bedroom mid-terraced property presents a unique opportunity for those looking to invest in a home with considerable renovation potential. The area is celebrated for its vibrant literary culture, highlighted by independent bookshops and the annual Wigtown Book Festival, making it an appealing location for both residents and visitors alike. The property is conveniently situated near local amenities, ensuring easy access to shops, cafes, and community resources. While it requires some updating, the spacious layout across two floors offers well-proportioned rooms that can be transformed into a modern family home or rental investment. The ground floor features a welcoming hall leading to a lounge with a south-facing window and tiled fireplace. The adjoining dining room also includes an open fire, creating cozy spaces perfect for gatherings. The kitchen is equipped with ample cabinetry and provides potential for further enhancement. The upper level comprises two additional bedrooms, each benefiting from natural light through dormer windows and offering built-in storage solutions. A practical bathroom completes this floor, providing essential facilities while leaving room for personalization. One of the standout features of this property is the large rear garden, which offers outdoor space ideal for gardening enthusiasts or families looking to create their own retreat. With vehicular access from Lochancroft Lane, this area not only enhances the property's appeal but also adds convenience. Additional workspace can be found within an outbuilding that includes a coal shed and workshop—perfect for hobbyists or additional storage needs. With mains supplies of water and electricity already connected and the property being on mains drainage, many foundational elements are in place for your renovation plans. Given its prime location in Wigtown and substantial living space ripe for modernization, this property not only represents a comfortable family home but also a promising investment opportunity in an area rich with cultural heritage and scenic beauty.

Investment Analysis

(DG8 area)
Area Average
£143/sq ft

Renovation Potential

Est. Renovation Cost
£12,000 - £30,000
10-25% of property value
Monthly Sales
16
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (DG8)

Area prices are rising by +6.1% over the last 12 months
3 year growth: 7.4%
5 year growth: 34.8%
Investment Disclaimer: Analysis based on DG8 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Bank Street, Wigtown DG8
Map showing location of Bank Street, Wigtown DG8
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