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Dean Street, Galashiels TD1 - Image 1
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Dean Street, Galashiels TD1

Scotland

£80,000
Listed on 12/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a unique opportunity to acquire a triangular parcel of land measuring approximately 0.19 acres, located at the pivotal junction of Dean Street and Mossilee Road in Galashiels, a vibrant town nestled in the picturesque Scottish Borders. The plot boasts a favorable position within an established residential area, providing convenient access to local amenities, educational institutions, and transport links, including the Borders Railway which connects directly to Edinburgh. With outline planning permission already granted for two detached dwelling houses under reference 24/01363/ppp, this site is primed for development. Potential buyers might explore the possibility of modifying this permission for a single larger dwelling, allowing for greater design flexibility and outdoor space. Essential services such as electricity, water, gas, and drainage are readily available in close proximity. This investment opportunity not only leverages the appealing characteristics of Galashiels but also invites innovative residential development that aligns with community needs.

Investment Analysis

(TD1 area)
Area Average
£168/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£70,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
100%
Properties sold annually

Local Market Trend (TD1)

Area prices are falling by +4.5% over the last 12 months
3 year growth: 0.0%
5 year growth: 4.6%
Investment Disclaimer: Analysis based on TD1 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

Dean Street, Galashiels TD1
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£293
Based on a loan of £60,000 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