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Duncan Street, Girvan KA26 2 bed end of terrace house for sale
Duncan Street, Girvan KA26
£60,000
Duncan Street, Girvan KA26
£60,000
Our Summary
- 31 Flat C, Louisa Drive, Girvan, Ayrshire KA26 9AH sold for £100,000*Property requires a degree of renovation
- Sure to appeal to an investor looking for an excellent auction property
- If utilised as an AirBnb it could achieve a nightly rate of £200 (£51,100 per annum) based on a 70% occupancy (subject to planning)PRIME NEW LISTING
- This fantastic 2 bedroom terraced property is located within a sought after location of Girvan *HOME REPORT £60,000*Property requires a degree of renovation
- *HIGH YIELDING PROPERTY*If utilised as an AirBnb it could achieve a nightly rate of £135 (£34,492 per annum) based on a 70% occupancy (subject to planning) *PRIME LOCATION*Local sales evidence: *43, Ailsa Street East, Girvan, Ayrshire KA26 9DF sold for £90,000
- This property is offered at a fantastic price to ensure an Auction sale
- *HOME REPORT £60,000*The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
- If utilised as an Air Bnb it could achieve a nightly rate of £200 (£51,100 per annum) based on a 70% occupancy (subject to planning)
- Property requires a degree of renovation
Description
This prime new listing is a 2-bedroom terraced property located in a sought-after area of Girvan, Ayrshire. The property requires renovation and is an excellent opportunity for an investor looking for a BRRR (buy, renovate, rent, and repeat) opportunity. Once renovated, the property could attract a monthly rental of £550-£600, generating a gross income of £6,600-£7,200 per annum. Alternatively, it could be used as an Airbnb, achieving a nightly rate of £200 (£51,100 per annum) based on a 70% occupancy. The property benefits from ample storage throughout and is located in a prime location, with local sales evidence showing similar properties selling for £90,000 and £100,000. The property is being offered at a fantastic price to ensure an auction sale and is open to immediate offers.