Duncan Street, Girvan KA26 2 bed end of terrace house for sale

>

Duncan Street, Girvan KA26 2 bed end of terrace house for sale

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.