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8 Glen Crescent, Peebles EH45

Scotland

£370,000
Listed on 20/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1271 sqft

Description

This appealing three-bedroom detached bungalow offers a unique opportunity for renovation in the scenic Borders town of Peebles. Originally constructed in the 1980s, the property spans 1,271 square feet and features a well-thought-out layout that can be transformed to reflect personal style. Situated on the southern outskirts of Peebles, it provides convenient access to local amenities, outdoor activities, and highly regarded schools. The attached single garage and spacious south-west facing garden enhance its appeal as a blank canvas for potential buyers looking to invest. The property's interior includes a large entrance hallway with storage solutions, a spacious sitting room that connects to a conservatory filled with natural light, and a kitchen equipped with essential appliances. While some modernization is required throughout, including updates to bathrooms and kitchen facilities, it presents an excellent investment opportunity for those willing to put in the effort. With its generous outdoor space and proximity to town center attractions, this bungalow could become a truly desirable home or an attractive rental investment.

Investment Analysis

(EH45 area)

Above Market Value

This property is priced +11.3% above area average per sq ft

+11.3%
This Property
£291/sq ft
Area Average
£261/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£365,533
10% above area average per sq ft
Potential ROI
-13.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
81%
Properties sold annually

Local Market Trend (EH45)

Area prices are stable by +1.5% over the last 12 months
3 year growth: 22.9%
5 year growth: 13.9%
Investment Disclaimer: Analysis based on EH45 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

8 Glen Crescent, Peebles EH45
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,355
Based on a loan of £277,500 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