3 Bed Semi-Detached House, Refurb/BRRR, Ayr, KA8 9JG, £110,000

East Park Road, Ayr, KA8 9JG - 2 views - 6 months ago

Under Offer
Refurb/BRRR
ROI: 8%
~93 m²
+4 photos

ValuationOvervalued

Sold Prices£95K - £220K

 

 

Square Metres

~93 m²

Value Estimate

£107,500

 

 

End Value (After Refurb)

£85,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£4,500

Refurb Costs

£36,047

Bridging Loan Interest

£2,888

Total Cash In

£72,685

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£85,500

Mortgage (After Refinance)

£64,125

Mortgage LTV

75%

Cash Left In

£72,685

Equity

£21,375

Rent Range

£550 - £1,300

Rent Estimate

£944

Running Costs/mo

£476

Cashflow/mo

£468

Cashflow/yr

£5,616

ROI

8%

Gross Yield

10%

Local Sold Prices

50 sold prices from £95K to £220K, average is £178K.

PriceDateDistanceAddressBeds 
£145K05/210.02 mi17, East Park Road, Ayr, Ayrshire KA8 9JF3
£210.2K12/210.08 mi6, Cambuslea Road, Ayr, Ayrshire KA8 9HT3
£186K05/210.08 mi44, Hunters Avenue, Ayr, Ayrshire KA8 9HS3
£190K05/240.1 mi13, Tweed Street, Ayr, Ayrshire KA8 9JD3
£196K02/210.1 mi18, Tweed Street, Ayr KA8 9JD3
£195K06/240.12 mi38, Seaforth Road, Ayr, Ayrshire KA8 9JB3
£182K08/240.14 mi57, Northfield Avenue, Ayr KA8 9AW3
£160K04/240.18 mi45, Forge Road, Ayr, Ayrshire KA8 9NJ3
£132.5K05/210.18 mi61, Forge Road, Ayr, Ayrshire KA8 9NJ3
£200K02/240.19 mi45, Seaforth Road, Ayr, Ayrshire KA8 9BX3
£209K04/240.24 mi35, Kings Park, Ayr, Ayrshire KA8 9NZ3
£220K08/240.25 mi19, Alderston Avenue, Ayr KA8 9BD3
£153K08/210.26 mi42, Northfield Avenue, Ayr, Ayrshire KA8 9AL3
£205K08/210.26 mi31, Northfield Avenue, Ayr KA8 9AL3
£165K02/240.26 mi28, Northfield Avenue, Ayr, Ayrshire KA8 9AL3
£220K09/210.3 mi42, Ward Road, Ayr KA8 9AZ3
£207K02/240.3 mi44, Ward Road, Ayr, Ayrshire KA8 9AZ3
£137.5K04/210.3 mi4, Annpit Road, Ayr, Ayrshire KA8 9DD3
£138K10/210.3 mi54, Annpit Road, Ayr, Ayrshire KA8 9DD3
£130K02/240.3 mi7, Britannia Place, Ayr, Ayrshire KA8 9AQ3
£178K10/210.3 mi13, Goschen Terrace, Ayr KA8 9HJ3
£150K05/240.3 mi6, Goschen Terrace, Ayr, Ayrshire KA8 9HJ3
£160K04/240.3 mi4, Goschen Terrace, Ayr, Ayrshire KA8 9HJ3
£205K08/210.31 mi7, Alexandria Terrace, Ayr, Ayrshire KA8 9AH3
£100K03/210.31 mi21, Annpit Road, Ayr KA8 9DA3
£161.5K05/240.32 mi63, Mccalls Avenue, Ayr, Ayrshire KA8 9AD3
£175.5K07/210.33 mi1, Gordon Street, Ayr, Ayrshire KA8 9AT3
£158K08/210.35 mi10, Union Avenue, Ayr, Ayrshire KA8 9AS3
£183K12/210.36 mi8, Edenhall Road, Ayr KA8 9DQ3
£127.2K09/210.37 mi29, Annpit Road, Ayr KA8 9DB3
£178K05/210.37 mi8, Maryfield Place, Ayr, Ayrshire KA8 9DH3
£180K07/210.38 mi9, Ardlui Road, Ayr, Ayrshire KA8 8LU3
£216K12/210.4 mi65, Heathfield Road, Ayr, Ayrshire KA8 9DU3
£190.2K09/210.4 mi31, Woodfield Road, Ayr, Ayrshire KA8 8LZ3
£150.1K08/210.4 mi135, Prestwick Road, Ayr, Ayrshire KA8 8NJ3
£132K08/240.41 mi11, Lindsay Street, Ayr KA8 9QE3
£160K06/210.42 mi14, Falkland Road, Ayr KA8 8LP3
£180K02/240.42 mi16, Moor Road, Ayr, Ayrshire KA8 9EP3
£209K11/210.42 mi21, Lansdowne Road, Ayr, Ayrshire KA8 8LS3
£185K04/240.43 mi37, Heathpark, Ayr, Ayrshire KA8 9EN3
£195K07/210.44 mi28, Falkland Park Road, Ayr, Ayrshire KA8 8LL3
£198K04/240.44 mi5, Hunters Avenue, Ayr, Ayrshire KA8 9EG3
£192K11/210.46 mi27, Moor Road, Ayr KA8 9EW3
£130.1K11/210.46 mi13, Marchfield Quadrant, Ayr, Ayrshire KA8 8PE3
£155K08/240.46 mi9, Marchfield Quadrant, Ayr KA8 8PE3
£96.5K11/210.48 mi108, Gould Street, Ayr, Ayrshire KA8 9QQ3
£118K04/240.48 mi92, Gould Street, Ayr, Ayrshire KA8 9QQ3
£200K09/210.49 mi10, Somerset Road, Ayr KA8 9LY3
£107.5K07/210.49 mi14, Somerset Road, Ayr, Ayrshire KA8 9LY3
£95K03/210.5 mi13, Thomson Street, Ayr, Ayrshire KA8 9QB3

Local Rents

16 rents from £550/mo to £1.3K/mo, average is £873/mo.

RentDateDistanceAddressBeds 
£80009/230.09 mi-3
£1,20006/240.32 miPrestwick Road, Ayr, South Ayrshire, KA83
£82505/240.7 miShilliaw Drive, Prestwick, Ayrshire, KA93
£55002/250.75 mi-3
£1,20004/240.77 miPrestwick - Mcadam Court3
£89905/230.81 mi-3
£89908/230.81 mi-3
£1,30004/240.93 mi149 Adamton Road South, Prestwick, KA9 2BJ3
£1,30006/240.93 mi149 Adamton Road South, Prestwick, KA9 2BJ3
£77512/231 mi-3
£65001/251.07 mi-3
£82504/241.1 miFulshaw Crescent, Ayr, South Ayrshire, KA83
£80003/241.14 mi-3
£1,20003/251.14 mi-3
£89504/241.18 mi17 Donnini Court, South beach Road, Ayr, KA7 1JP3
£85005/241.21 miFort Street, Ayr, Ayrshire, KA7 1DG3

Local Area Statistics

Population in Ayr

66,386

Town centre distance

2.19 miles away

Nearest school

0.50 miles away

Nearest train station

0.47 miles away

 

 

Rental growth (12m)

-24%

Sales demand

Seller's market

Capital growth (5yrs)

+23%

Property History

Listed for £110,000

October 22, 2024

Floor Plans

Description

  • Three-bedroom semi-detached villa +
  • Located in a highly sought-after residential area +
  • Within the catchment area for Heathfield Primary School +
  • Driveway and garage included +
  • Spacious south-facing rear garden +
  • No onward chain +
  • Excellent renovation potential with scope to extend (subject to permissions) +
  • Gas central heating and double glazing +
  • Convenient access to Ayr, Prestwick, and transport links to Glasgow +

All enquiries or viewing requests should be submitted online via this advert - Thank you

Hauzoo is delighted to present this three-bedroom semi-detached villa, situated in a highly sought-after residential area within the catchment of the renowned Heathfield Primary School. The property boasts a driveway, garage, and a spacious south-facing rear garden; and is being sold with no onward chain. While the property does require some modernisation, it offers excellent potential for buyers to renovate according to their preferences, with ample scope to extend, subject to relevant permissions. On the ground floor, the entrance hall features a large under-stairs storage cupboard. The bright reception room, with sliding doors, leads to the dining area and onward to the kitchen, which has direct access to the rear garden. Ascending from the entrance hall, the first floor hosts three bedrooms and a shower room. The property benefits from gas central heating and double glazing throughout. Externally, there is a small front garden, with a driveway to the side leading to the rear garden, providing ample off-street parking. The large, south-facing rear garden further enhances this desirable family home. East Park Road is conveniently located for both Ayr and Prestwick, offering a good selection of amenities including shops, schools, supermarkets, restaurants, and public transport services. Regular bus and rail services provide links throughout the area and to Glasgow. The A77/M77 offers easy access to the south side of Glasgow, with Prestwick Airport only a short drive away.

Note: Home Report attached as EPC

All enquiries or viewing requests should be submitted online via this advert - Thank you

Agent Details

HAUZOO, London

020 3907 0635

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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