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St John Street, Stranraer DG9 3 bed property for sale
37 St John Street, Stranraer, DG9 7EW
£45,000
37 St John Street, Stranraer, DG9 7EW
£45,000
Our Summary
- Property requires light renovation
- Sure to appeal to builders/investors looking for Rare auction property
- Property is being offered at discount to ensure auction sale, sure to appeal to a shrewd developer looking All planning enquiries must be made to the relevant local council as the lot is offered without any planning
- Property is being offered at discount to ensure auction sale, sure to appeal to a shrewd developer looking All planning enquiries must be made to the relevant local council as the lot is offered without any planning
- 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
- Location: Stranraer, a coastal town in Dumfries and Galloway, Scotland, offers unique investment opportunities fueled by its strategic location, tourism potential, and ongoing regeneration projects
Description
This property is a rare opportunity for investors to purchase a self-contained mid-terrace house in a prime location in Stranraer, Scotland. The property consists of three studio flats, each with a hallway entry, open-plan studio room, and bathroom. The flats were previously rented at a combined annual total of £8100, generating an incredible annual gross yield of 18% if secured at the guide price. The property requires light renovation and is being offered at a discount to ensure an auction sale. The location is ideal for investors, with Stranraer's strategic location, tourism potential, and ongoing regeneration projects providing unique investment opportunities. The property will feature in an upcoming timed online auction, and interested buyers can create a bidding account to participate in the live auction.