St John's Street, Newton Stewart DG8 3 bed detached house for sale

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St John's Street, Newton Stewart DG8 3 bed detached house for sale

St John's Street, Newton Stewart DG8
£65,000

Our Summary

  • We are excited to excellent refurbishment opportunity in Whithorn, Newton Stewart
  • Prime New Entry : 3 Bedroom development opportunity in Whithorn, Newton StewartProperty comprises : 2 1/2 levels comprising VESTIBULE, HALL, large open plan LIVING, DINING KITCHEN, SITTING ROOM, LIVING ROOM
  • Property could potentially lend itself as a Short-Term Rental with Main Door Access - subject to necessary planning permission
  • Property is offered at a discounted Price to ensure fast auction sale
  • John Street, Whithorn, Newton Stewart, Wigtownshire DG8 8PD previously sold for £155,000 *The property will be entered into our upcoming online auction
  • With some renovation, property could achieve an impressive £120,000 end value

Description

This property in Whithorn, Newton Stewart, offers an excellent refurbishment opportunity for shrewd investors, flippers, or first-time buyers. The 3-bedroom property, located on a quiet street, benefits from recently installed double-glazed windows, gas central heating with a modern combi boiler, and a spacious back yard. The property has potential for short-term rental with main door access, subject to planning permission, and could generate an impressive income of £1,680 per month based on 80% occupancy. The guide price is discounted to ensure a fast auction sale, and local sales evidence shows similar properties selling for £115,000 and £155,000. The property is an ideal buy-to-let or flip opportunity, with a potential yield based on the guide price and impressive income potential.