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8 Glen Crescent, Peebles EH45

Scotland

£370,000
Listed on 19/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1271 sqft

Description

This three-bedroom detached bungalow, constructed in the 1980s, rests on the southern fringes of Peebles, a charming town in the Scottish Borders. Spanning approximately 1,271 square feet, this property features a sensible floor plan that offers various possibilities for reconfiguration and modernisation. While it currently requires updates, it provides an enticing opportunity for prospective buyers to infuse their personal style into the living space. The bungalow includes an attached single garage and a generous south-west facing garden—ideal for those looking to create an outdoor retreat or enhance landscaping potential. Located within walking distance of local amenities and scenic pathways, this home is also well-placed for families with access to respected educational institutions. With its solid foundation and enviable location, this property holds significant promise for future enhancement and profitability. As you enter through the well-maintained front garden, you are greeted by a spacious hallway that includes two built-in storage cupboards—a practical feature for any family home. The sitting room is sizable and situated at the rear of the property. It boasts ample natural light from side windows and patio doors leading into a conservatory that overlooks the tranquil rear garden. Currently serving as a dining area, this conservatory could be transformed to suit diverse uses based on your vision. The kitchen is equipped with wall and base units alongside essential integrated appliances, although some may require upgrading or replacement to meet modern standards. The layout allows for easy casual dining while providing external access to the garden—a convenience for entertaining guests. The principal bedroom benefits from fitted wardrobes and an en-suite shower room; two additional double bedrooms provide comfortable accommodation options—with one featuring its own fitted wardrobe. A family bathroom completes this level of accommodation. Surrounding the property are private gardens that lend themselves to further development or personalisation—be it through landscaping or recreational enhancements such as patios or play areas. The single garage offers additional storage solutions or potential conversion options. Peebles itself is known for its outdoor lifestyle opportunities—from mountain biking in Glentress Forest to leisure activities at Gytes Leisure Centre—making it an appealing location for many prospective buyers. With excellent transport links to Edinburgh nearby, this location combines rural charm with city convenience.

Investment Analysis

(EH45 area)

Above Market Value

This property is priced +10.1% above area average per sq ft

+10.1%
This Property
£291/sq ft
Area Average
£264/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£369,588
10% above area average per sq ft
Potential ROI
-9.9%
After renovation
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
76%
Properties sold annually

Local Market Trend (EH45)

Area prices are stable by -1.3% over the last 12 months
3 year growth: +11.3%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,334
Based on a loan of £277,500 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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