2 bedroom semi-detached house for sale

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2 bedroom semi-detached house for sale

59 Riecawr Avenue, Bellsbank, Dalmellington, Ayr, KA6 7SR
£39,000

Our Summary

  • Sales Evidence: **9 Newbiggin Terrace, Ayr KA6 7RD sold for £72,000 in 2022**; **36 Townhead, Ayr KA6 7QZ sold for £67,000 in 2021**; **3 Craiglea Crescent, Ayr KA6 7TZ sold for £102,000 in 2023**   This is a fantastic development opportunity for investors looking for a BRRR project, offering the potential to significantly increase property value
  • This is a fantastic development opportunity for investors looking for a BRRR project, offering the potential to significantly increase property value
  • 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

Description

This vacant, two-bedroom semi-detached villa in Bellsbank, Ayr, is a prime development opportunity for investors seeking a buy-to-rent, renovate, and resell project. The property, located in a highly desirable area with excellent links to local amenities, schools, and motorway connections, has the potential to generate £700-£800 in rental income per month, equating to £8,400-£9,600 per year, and a gross yield of 21%-24%. With a welcoming entrance hall, open-plan living room, well-equipped kitchen, two spacious bedrooms, and a modern bathroom, the property offers a fantastic blank canvas for renovation. The area has seen recent sales of similar properties, including 9 Newbiggin Terrace, Ayr KA6 7RD, which sold for £72,000 in 2022, and 36 Townhead, Ayr KA6 7QZ, which sold for £67,000 in 2021. The property is being offered at a fantastic discount to ensure a sale, making it an excellent opportunity for anyone looking for a straightforward purchase with excellent upside potential.