Property · DG8 6JL
For saleReduced £5k (−10%) on 25 JunListed 1710 days
Opportunity summary
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About
Substantial mid terraced commercial premises. 22 Queen Street is located at the top of Newton Stewart and offers well-proportioned front room with two further large rooms to the rear of the property.
This property would suit a variety of uses and although operating currently as a launderette the current owners are only selling the commercial premises.
Newton Stewart is a busy Galloway market town set on the banks of the River Cree in a genuinely rural area and regarded by many as the gateway to the Galloway hills.
The area has a wide range of sport and outdoor activities with opportunities to take shooting in the area, fishing on the nearby rivers, golf, and with an extensive range of walks and cycle paths.
Accommodation Front Room 7.51m x 4.57m (24’8” x 15’) Mainly carpet with some vinyl flooring. Florescent strip light. 2 uPVC double glazed windows to front. Wooden door leading on to Queen Street.
Electric fuse box. Electric panel heater. Loft access. Middle Room 4.16m x 3.7m (13’8” x 12’2”) Carpet. Florescent strip wall light. Built in wall shelves.
Doorway leading to side corridor with W.C and utility and rear room area. Ceiling light. W.C./Utility Area 2.28m x 1.09m (7’6” x 3’7”) Vinyl floor. Ceiling light. White W.C. And wash hand basin.
Electric wall heater. Obscure glazed window. Rear Room 4.95m x 4.49m (16’3” x 14’9”) Boiler. Florescent strip light. 3 water tanks (these are no longer used) Concrete floor.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Short-let licence or registration needed
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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 22, Queen Street, Newton Stewart
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