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2 bed house for sale Rosemount Street, Dumfries, DG2

Offers over

£70,000

Added two days ago

Type: Land
Bedrooms: 2
Bathrooms: 2
Tenure: Freehold

Key features

Exciting Development & Investment Opportunity
Architect-Designed Scheme
Flexible Contemporary Living Accommodation
Rare Opportunity for Developers & Investors
Prime Edge-of-Town Location
EPC Exempt
Previous Fully Approve Planning

About this property

A rare and exciting development opportunity in Dumfries. This former plumber’s store had planning previously approved for conversion into a stunning architect-designed home ( subject to renewal ). Offering excellent potential to add value, this unique property is ideal for developers, investors or those looking to create a truly individual home.

Council tax

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Location

Rosemount Street, Dumfries, DG2

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Mortgage and stamp duty

Property price £70,000

£35k £105k

Deposit10% £7,000

£0 £70k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £63,000 mortgage. Most lenders would want a household income of about £14,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.