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25 Fairhurst Road, Stranraer, DG9 7QW

Guide Price

£90,000

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Guide Price

£90,000

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Semi-Detached House

Residential

Vacant

25 Fairhurst Road, Stranraer, DG9 7QW

3

bed

1

bath

1

reception

Council tax: B

freehold

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Amazing Residential Opportunity

Description

  • PRIME NEW LISTING. We are excited to present this vacant 3-bedroom semi-detached house located within a prime location in Stranraer.HOME REPORT £100,000

  • **18 Greenfield View, Stranraer, DG9 7NU sold for £210,000, 10 Edinburgh Road, Stranraer, DG9 7HD sold for £195,000, Brunswick House, London Road, Stranraer, DG9 8EP sold for £180,000**

  • This property could achieve a substantial rental income of £800 to £900 per month, translating to an impressive annual return of £9,600 to £10,800. This represents a remarkable yield of 11% to 13% if purchased at the guide price.

  • If used as a serviced accommodation, it could generate £160 per night, which would produce a whopping £40,880 annually based on a 70% occupancy rate. Subject to gaining the necessary permission.

  • Situated in a sought-after area, the property is in walk-in condition, boasting a private garden and outhouse. It offers abundant potential for a family to personalise and make it their own.

PRIME NEW LISTING. We are excited to present this vacant 3-bedroom semi-detached house located within a prime location in Stranraer.HOME REPORT £100,000

If used as a serviced accommodation, it could generate £160 per night, which would produce a whopping £40,880 annually based on a 70% occupancy rate. Subject to gaining the necessary permission.

The property comprises a welcoming hall, a spacious living room, a well-equipped kitchen, and a modern shower room on the ground floor. The first floor features a bright landing leading to three generously sized bedrooms.

This property could achieve a substantial rental income of £800 to £900 per month, translating to an impressive annual return of £9,600 to £10,800. This represents a remarkable yield of 11% to 13% if purchased at the guide price.

With a degree of renovation, this property has the potential to unlock significant capital growth. It presents a fantastic opportunity for buyers seeking to maximise their investment.

Situated in a sought-after area, the property is in walk-in condition, boasting a private garden and outhouse. It offers abundant potential for a family to personalise and make it their own.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**18 Greenfield View, Stranraer, DG9 7NU sold for £210,000, 10 Edinburgh Road, Stranraer, DG9 7HD sold for £195,000, Brunswick House, London Road, Stranraer, DG9 8EP sold for £180,000**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

Location

Stranraer is a vibrant town in southwest Scotland, rich in history and scenic beauty. As a gateway to the stunning Rhins of Galloway, it offers a blend of coastal charm and rural tranquillity, making it a desirable place to live and invest.

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Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£15,000

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.