An opportunity arises to acquire an early 19th century townhouse of great character including a basement flat and adjoining cottage. The property is located on Stranraer sea-front and enjoys wonderful views over the town’s marina. Wellington House, on the south side of Fisher Street, is an attractive, ashlar-fronted building, built as the home attached to the Stranraer brewery. It later became the Customs House for Stranraer, and a sandstone addition on the west side, constructed sometime before 1881, was the office of the British Linen Bank. The property is in fair condition throughout and will require a programme of renovation. This spacious residence would be ideally suited for use as a large family home, small hotel/guest house, restaurant/bar or as a flatted development subject to local authority approval. The property is set within its own area of walled garden ground with vehicular access from Princes Street.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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