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See how verdicts work1-bedroom bungalow · DG8 0AN
For saleListed 135 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
7 Smithy Lane is one of the most individual, eye-catching properties in the pretty, unspoilt village of ‘New Luce’. The property is a striking one-bedroom, semi-detached cottage bungalow.
This captivating property offers multiple options: As a home set out on one level, a holiday retreat to get away from the ‘hustle and bustle’, or a first-class holiday rental home for investment income.
Displaying a fresh quintessential cottage frontage, the house offers some beautiful design features from a bygone era, blended beautifully with modern convenience.
The flexible and versatile accommodation, formed over a single-storey layout, offers an open-plan lounge/kitchen/diner, maximising free-flowing living space.
The lounge is relaxed and welcoming, and the log burner promises cosy evenings spent enjoying the warmth of the fire and flickering candlelight.
The ‘heart’ of the home is the open-plan kitchen/diner, which has been beautifully fitted to include an excellent range of floor and wall-mounted units in a pastel shade, providing a fashionable and efficient workspace.
It further benefits from an integrated oven and hob, with ample space for a freestanding dishwasher, fridge and washing machine, making this the ideal kitchen for any chef.
There is also ample room for a table and chairs for more relaxed dining and social occasions with friends and family.
The generous double bedroom is spacious and offers ample room for an oversized bed and still room for freestanding furniture.
The tiled bathroom is bright and fresh with an electric shower inside a quadrant shower enclosure. The property benefits from a large cottage-style front garden with off-street parking.
The garden provides the ideal spot for lazy summer’s days, making this a secluded haven.
The specifications of this lovely home also include double glazing, all-electric heating, an air-source heat pump, Insulation and solar panels with a battery.
Effectively, the home runs very efficiently and actually generates a surplus of energy.
The New Luce Community Trust gives a great deal back to the residents of the village, with support for the local Pub and the Post Office and each home receiving up to £500 in energy discounts.
The New Luce Trust Residents are also awarded £200 of taxi fares annually.
This is a great opportunity for anyone thinking of getting away from it all and enjoying village life in a spectacular area of the country.
Equally, it presents a great home or holiday let opportunity. Early viewing is recommended.
Electricity Supply: Sp Energy Networks Water Supply: Scottish Water Sewerage: Scottish Water Broadband / Mobile Coverage: Full 4G coverage, limited 3G and 5G.
By appointment through McEwan Fraser Legal on Dumfries McEwan Fraser Legal are open 7 days a week: 8am - Midnight Monday to Friday & 9am - 10pm Saturday & Sunday to book your viewing appointment.
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.
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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FAQ
About 7, Smithy Lane, Newton Stewart
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