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Monreith, Newton Stewart DG8

Scotland

£200,000
Listed on 13/05/2026

Property Details

Bedrooms
3
Type
Detached
Area
3337 sqft

Description

This spacious detached property occupies a generous plot in a serene rural environment, presenting a promising opportunity for those looking to invest in a home with ample outdoor space and diverse living arrangements. The approach is marked by a sweeping driveway, providing extensive off-road parking and making it an inviting entryway. The grounds are meticulously maintained, featuring lush lawns and established plantings that are bordered by traditional stone dyke walls, which enhance both privacy and the visual appeal while offering open views of the countryside. Internally, the residence boasts a flexible layout that has evolved from its original bungalow format to include additional upper accommodation, making it adaptable to various buyer requirements. Notably, potential exists for further modernization or reconfiguration of the living spaces. A remarkable highlight is the large detached outbuilding that offers impressive versatility, catering to those with business interests or personal hobbies such as vehicle storage or workshops. This property is ideally situated for those seeking the tranquility of semi-rural living without compromising accessibility to local amenities. It’s worth noting that this home is constructed from non-traditional Dorran materials; prospective buyers should consult their lender regarding financing options given this construction type. With an EPC rating of F, there are clear opportunities to increase efficiency and modernize interiors according to personal taste while capitalizing on the tranquil coastal views offered by its elevated position in Monreith.

Investment Analysis

(DG8 area)

Below Market Value

This property is priced -56.3% below area average per sq ft

-56.3%
Potential saving
This Property
£60/sq ft
Area Average
£137/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£502,886
10% above area average per sq ft
Potential ROI
+101.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (DG8)

Area prices are rising by +8.6% over the last 12 months
3 year growth: +14.2%
5 year growth: +43.1%
Investment Disclaimer: Analysis based on DG8 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

Monreith, Newton Stewart DG8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£714
Based on a loan of £150,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

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