Ashkirk Parish Church, C19 At South-Western Boundary of Ashkirk, Ashkirk, Scottish Borders, TD7 4NY

Description

Dating from the 18th century, this characterful stone church is a striking example of traditional Scottish ecclesiastical architecture. The building retains original features including pointed arch windows, timber roof trusses and historic masonry. It is presented as a versatile blank canvas for sensitive restoration or conversion, subject to the necessary consents.

Accommodation

Main church hall and gallery. Church: 90.85 sq m (978 sq ft). Gallery seating: 27.67 sq m (298 sq ft). Total: 118.52 sq m (1,276 sq ft). Removable furniture is not included in the sale.

Location

Located on the south-western outskirts of Ashkirk Village in the Scottish Borders, on a south-facing slope with views across the Ale Valley. The property has a peaceful, picturesque setting with open outlooks and access to nearby towns and transport links.

Tenure / Property Information

Investment Analysis

The £38,000 guide is the only price evidence supplied. No completed sales, specific rental comparables, formal valuation, quantified refurbishment budget or supported GDV evidence is available. The building is a historic former place of worship offered as a restoration or conversion opportunity, with any alternative use subject to necessary consents. A reliable market value or maximum bid cannot therefore be established.

Investment Snapshot

Strategy Recommendation

Treat as a specialist restoration/conversion opportunity rather than an established BTL investment. Do not set a bid limit until planning and building-control feasibility, surveys, a full cost plan, likely end value and fee schedule have been obtained.

Works Required

Obtain building and condition surveys; assess the historic masonry, pointed-arch windows, timber roof trusses and electrical heating system; develop a sensitive restoration or conversion scheme; and obtain all necessary planning, building-control and other consents. No costed works scope is supported by the evidence.

Rental & Market Context

Potential BRRR Position

A BRRR assessment cannot be supported because there is no evidence-based GDV, refurbishment allowance, post-conversion rent, finance cost or refinance valuation. The £38,000 guide excludes the unquantified buyer premium and any other applicable fees.

Buy-to-Let Analysis

BTL analysis cannot be established. No sufficiently specific rental comparable or auctioneer rent estimate is supplied, and the building is not described as residential accommodation. Conversion, if pursued, would require the necessary consents and a costed specification.

Flip Analysis

A flip surplus cannot be calculated. No supported GDV, refurbishment budget, selling allowance or conversion consent position is provided. The building's historic character may require a sensitive approach, but the financial effect cannot be quantified from the evidence.

Investor Risks & Due Diligence

• Historic former place of worship with restoration or conversion subject to necessary consents.

• EPC rating G.

• Condition and cost of restoring the historic masonry, windows, roof trusses and electrical heating system are not quantified.

• No supported residential rent or end value is available.

• Buyer’s Premium applies, while its amount and any additional fees and VAT treatment are not quantified.

• Tenure, occupancy, parking and council-tax information are not supplied.

• The vendor is a connected party.

Recommendation

Treat as a specialist restoration/conversion opportunity rather than an established BTL investment. Do not set a bid limit until planning and building-control feasibility, surveys, a full cost plan, likely end value and fee schedule have been obtained.

Strategy Rating

Analysis Confidence

Only a guide price, descriptive particulars and accommodation area are supplied. There are no comparable sales, rental evidence, GDV, quantified works, tenure, occupancy or fee amounts.