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3 bedroom flat for sale
3 Blarbuie Road, Lochgilphead, PA31 8LE
£48,000
3 Blarbuie Road, Lochgilphead, PA31 8LE
£48,000
Our Summary
- Prime Property Auctions is excited to bring to market this fantastic refurbishment opportunity located within a prime location in Lochgilphead *** HOME REPORT VALUATION £60,000****** 17 Blarbuie Road, Lochgilphead, Argyll PA31 8LE Previously sold for £108,000
- ***Property requires full renovation
- Sure to appeal to builder/investor looking for Rare auction property
- Prime Property Auctions is excited to bring to market this fantastic refurbishment opportunity located within a prime location in Lochgilphead *** HOME REPORT VALUATION £60,000*** Property comprises: Entrance hallway, living room, kitchen, 2 large double bedrooms, bathroom, and built in inside workshop
- Property has potential to be turned into a 3 bed which could add fantastic value
- Property requires full renovation
- *** Excellent Development/Refurbishment Opportunity
- Sure to appeal to investors looking for an easy lettable flat in a sought after location with great potential for Capital Growth
- Property has a Guide price of £50,000 and is sure to appeal to investors looking for a property that they can put their own stamp on
- 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 property, located in Lochgilphead, Argyll, is a fantastic refurbishment opportunity with a Home Report valuation of £60,000. The property requires full renovation and has potential to be turned into a 3-bedroom home, which could add significant value. With a guide price of £50,000, it presents a brilliant BRRR (Buy, Rehab, Rent, Refinance) opportunity for investors. The property is situated in a quiet area surrounded by woodland, with amenities close by, including schools, shops, and restaurants. With a potential monthly rental income of £750-£850, it offers an excellent gross yearly income of £9,000-£10,200. The property is also located near a hospital and joint campus school, making it an attractive option for families. With local sales evidence showing strong demand, this property is sure to appeal to investors looking for a rare auction opportunity with great potential for capital growth.