1-bedroom flat · DG11 2JH
For saleListed 41 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An opportunity has arisen to purchase a second floor flatted dwellinghouse in a prominent high street position. Ideally situated for local shops and amenities.
The town of Lockerbie, which is close to the M74 motorway offers easy commuting links to both north and south by road and with regular, direct, rail links to Edinburgh, Glasgow and Carlisle and has local shops and amenities including highly regarded primary and secondary schools.
The property benefits from double glazing and gas central heating. Entering the property into the common stairway with carpeted stairs to the upper floor. Coat hooks on the landing .
Entering the flat there is a large cupboard in the hallway with gas boiler and meters. The living room looks to the front and has an electric stove fire. The large bedroom also looks to the front .
The spacious kitchen with space for dining table and plumbing for washing machine, has a window to the rear. Bathroom is also to the rear and has a shower over the bath.
Viewing is highly recommended to appreciate the potential offered. Home Report Available EPC Rating - D Council Tax Band - B
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 83a, High Street, Lockerbie
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