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St John's Street, Newton Stewart DG8 3 bed detached house for sale
St John's Street, Newton Stewart DG8
£75,000
St John's Street, Newton Stewart DG8
£75,000
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 is an excellent refurbishment opportunity in Whithorn, Newton Stewart, offering a prime new entry 3-bedroom development property. The property, located on a quiet street close to local amenities, benefits from recently installed double-glazed windows, gas central heating with a modern combi boiler fitted in 2017, and a spacious backyard. With a guide price, the property has the potential to generate an impressive yield based on market rent, which sits at up to £800. The property could also be used as a short-term rental, with the potential to earn £1,680 per month based on 80% occupancy. The property is being sold at a discounted price to ensure a fast auction sale, and local sales evidence suggests that similar properties have sold for £115,000 and £155,000 in the past. The property will be entered into an upcoming online auction, and interested buyers can make an offer to buy now through the sales team's website.