3 Bedroom  House LOT 216

107 Drummond Road, Annan, DG12 5AU
BIDDING OPENS in...

Description

  • Status: Available
  • Type: House
  • Ownership: Freehold
  • Occupation: Vacant
  • Bedrooms: 3
  • Council Tax: Search

**DEVELOPMENT OPPORTUNITY**Semi Detached villa located with open outlooks to nearby park. REFURBISHMENT required. Significant damage to internal fittings. IDEAL for developer

Property comprises hall, lounge, fitted kitchen, 3 bedrooms and bathroom. It is the Auctioneers understanding that the property has seen significant vandalism and internal damage.

Property is further enhanced by GAS central heating (untested), double glazing (some units will require replaced) and private gardens. There are open views to front.

Close to Annan Town centre - good potential for rental income at £850 per calendar month (£10,2000 per Annum) post renovation works. Rental yield at 10% on outlay.

**COMPARABLE SALES**2 Bed Terrace, Drummond Road sold 2024 £106,000**2 bed terraced bungalow, Galabank Ave sold 2024 £105,000**2 Bed End Terrace Drummond Road sold 2024 £122,000**

**DEVELOPMENT OPPORTUNITY**Semi Detached villa located with open outlooks to nearby park. REFURBISHMENT required. Significant damage to internal fittings. IDEAL for developer. Property comprises hall, lounge, fitted kitchen, 3 bedrooms and bathroom. It is the Auctioneers understanding that the property has seen significant vandalism and internal damage. Property is further enhanced by GAS central heating (untested), double glazing (some units will require replaced) and private gardens. There are open views to front. Close to Annan Town centre - good potential for rental income at £850 per calendar month (£10,2000 per Annum) post renovation works. Rental yield at 10% on outlay.**COMPARABLE SALES**2 Bed Terrace, Drummond Road sold 2024 £106,000**2 bed terraced bungalow, Galabank Ave sold 2024 £105,000**2 Bed End Terrace Drummond Road sold 2024 £122,000**

Annan is the third largest settlement in the Dumfries Galloway Council area, with a resident population of approximately 9,000. The town is located approximately 15 miles east of the regional capital of Dumfries, 8 miles west of Gretna and 21 miles north west of Carlisle. The town is bypassed by the A75 trunk road which provides a connection to the M74. Located within walking distance of all local amenities such as schools, banks, shops, post office, pubs and bus stop. An excellent location for exploring the Solway estuary, Border hills or the Lake District National Park. A wider choice of facilities may be obtained at either Dumfries or Carlisle which lie approximately 15 and 19 miles distant respectively via the A75 Euro route and A74(M) /M6 motorway. The town and ferry terminal of Stranraer lies to the west.

Full Address: 107 Drummond Road, Annan, DG12 5AU

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Pricing Information & Bidding

Opening Bid: £65,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 01 May 2025, 10am-3pm
Type: Timed Online Auction

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