3 Bed Semi-Detached House, Refurb/BRRR, Stevenston, KA20 4AJ, £95,000

2 Mayfield Crescent, Stevenston, KA20 4AJ - 4 months ago

Under Offer
Refurb/BRRR
ROI: 5%
~93 m²
+9 photos

ValuationFair Value

Sold Prices£39K - £213.2K

 

 

Square Metres

~93 m²

Value Estimate

£95,000

 

 

End Value (After Refurb)

£80,698

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£23,750

Stamp Duty & Legal Fees

£4,170

Refurb Costs

£36,400

Bridging Loan Interest

£2,494

Total Cash In

£68,564

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£80,698

Mortgage (After Refinance)

£60,523

Mortgage LTV

75%

Cash Left In

£68,564

Equity

£20,174

Rent Range

£530 - £895

Rent Estimate

£691

Running Costs/mo

£410

Cashflow/mo

£281

Cashflow/yr

£3,367

ROI

5%

Gross Yield

9%

Local Sold Prices

50 sold prices from £39K to £213.2K, average is £95K.

PriceDateDistanceAddressBeds 
£86K09/210.02 mi27, Mayfield Crescent, Stevenston, Ayrshire KA20 4AJ3
£165K03/210.17 mi2, Caponcraig Avenue, Stevenston, Ayrshire KA20 3DS3
£190K11/210.18 mi5, Diddup Drive, Stevenston, Ayrshire KA20 4AF3
£180K05/210.18 mi10, Diddup Drive, Stevenston, Ayrshire KA20 4AF3
£188K04/210.19 mi152, Glencairn Street, Stevenston, Ayrshire KA20 3BS3
£105K09/210.2 mi18, High Road, Stevenston, Ayrshire KA20 3DR3
£175K12/210.27 mi8, John Brogan Place, Stevenston, Ayr KA20 3ED3
£175K11/200.28 mi2, Auchenharvie Place, Stevenston, Ayrshire KA20 4AE3
£51K12/210.32 mi120, Boglemart Street, Stevenston, Ayrshire KA20 3JL3
£155K09/210.32 mi74, Boglemart Street, Stevenston, Ayrshire KA20 3DZ3
£74K11/210.36 mi2, Ailsa Drive, Stevenston, Ayrshire KA20 3JG3
£82.5K10/210.38 mi17, Muir Drive, Stevenston, Ayrshire KA20 3JE3
£100K11/210.39 mi3, Mount Pleasant, Stevenston, Ayrshire KA20 3ES3
£65K03/210.41 mi16, Muir Drive, Stevenston, Ayrshire KA20 3JD3
£213.2K08/210.43 mi7a, Glencairn Gardens, Stevenston, Ayrshire KA20 3WG3
£39K03/210.48 mi78, Darg Road, Stevenston, Ayrshire KA20 3AZ3
£106.4K08/210.49 mi55, Middlepart Crescent, Saltcoats, Ayrshire KA21 6LL3
£88K11/210.5 mi46, Wallace Avenue, Stevenston, Ayrshire KA20 4BN3
£99K01/210.51 mi73, Mayfield Road, Saltcoats, Ayr KA21 5RG3
£98K04/210.51 mi39, Ivanhoe Drive, Saltcoats, Ayrshire KA21 6LX3
£95K08/210.51 mi70, Darg Road, Stevenston, Ayrshire KA20 3AY3
£70K12/200.51 mi32, Darg Road, Stevenston, Ayr KA20 3AY3
£92.5K06/210.53 mi39, Ailsa Road, Saltcoats, Ayrshire KA21 6LR3
£75K07/210.53 mi47, Reid's Avenue, Stevenston, Ayr KA20 4BH3
£85K01/210.54 mi10, Garnock Road, Stevenston, Ayr KA20 3BA3
£69K12/200.55 mi38, Campbell Avenue, Stevenston, Ayrshire KA20 4BP3
£95K07/210.56 mi5, Munro Walk, Saltcoats, Ayrshire KA21 6HU3
£106.4K11/210.58 mi9, Ivanhoe Drive, Saltcoats, Ayrshire KA21 6LS3
£113K08/210.59 mi10, Kenilworth Drive, Saltcoats, Ayrshire KA21 6HS3
£76K12/210.59 mi101, Campbell Avenue, Stevenston, Ayr KA20 4BT3
£116K10/210.59 mi6, Talisman Walk, Saltcoats, Ayrshire KA21 6HT3
£128K01/210.61 mi161, High Road, Saltcoats KA21 6JX3
£93K03/210.62 mi166, New Street, Stevenston, Ayrshire KA20 3HH3
£95K06/210.62 mi160a, New Street, Stevenston KA20 3HH3
£95K11/210.65 mi76, Hayocks Road, Stevenston, Ayrshire KA20 4DH3
£100K04/210.65 mi5, Lochranza Place, Saltcoats, Ayrshire KA21 6LY3
£85K06/210.66 mi156, Campbell Avenue, Stevenston, Ayrshire KA20 4BS3
£72.5K02/210.66 mi152, Campbell Avenue, Stevenston, Ayr KA20 4BS3
£91K02/210.67 mi1, Wheatley Road, Saltcoats, Ayr KA21 6ES3
£95K12/200.69 mi125, Hayocks Road, Stevenston, Ayrshire KA20 4DJ3
£94K09/210.7 mi14, Mckinnon Place, Saltcoats KA21 6JR3
£75K01/210.7 mi6, Jean Armour Place, Saltcoats, Ayr KA21 6EH3
£77K03/210.7 mi16, Cambuskeith Road, Stevenston, Ayrshire KA20 4BU3
£115K03/210.7 mi127, High Road, Saltcoats, Ayrshire KA21 5SE3
£78.5K05/210.7 mi2, Canal Crescent, Stevenston, Ayrshire KA20 3JY3
£88K11/210.71 mi11, Ashgrove Avenue, Stevenston, Ayrshire KA20 4EG3
£135K04/210.71 mi10, Gilmour Wynd, Stevenston, Ayr KA20 4DA3
£140.1K08/210.71 mi59, Gilmour Wynd, Stevenston, Ayrshire KA20 4DA3
£130K06/210.71 mi69, Gilmour Wynd, Stevenston, Ayrshire KA20 4DA3
£138K10/210.71 mi67, Gilmour Wynd, Stevenston, Ayrshire KA20 4DA3

Local Rents

29 rents from £530/mo to £895/mo, average is £680/mo.

RentDateDistanceAddressBeds 
£68010/240.37 mi-3
£68008/240.37 miAilsa Drive, Stevenston, KA203
£68009/240.37 miAilsa Drive, Stevenston, KA203
£85010/240.48 mi-3
£85010/240.48 mi-3
£75004/240.7 miBurnlea Place, Stevenston, Ayrshire, KA203
£60004/240.77 miEllisland Place, Saltcoats, Ayrshire, KA213
£79504/240.8 miSaughtree Avenue, Saltcoats, KA213
£54504/240.82 miMorrison Court, Stevenston, Ayrshire, KA203
£89508/240.83 miDavaar Road, Saltcoats, KA21 6HB3
£69507/240.85 miAshdale Avenue, Saltcoats3
£75009/230.88 mi-3
£75009/230.88 mi-3
£80006/240.91 mi-3
£77504/240.91 miHyslop Road, Stevenston, KA203
£75005/240.91 miHyslop Road, Stevenston, KA203
£80005/240.91 miHyslop Road, Stevenston, KA203
£85004/240.91 miCarey Road, Saltcoats, Ayrshire, KA213
£75006/240.95 mi56 Corrie Crescent, Saltcoats, KA21 6JN3
£60005/240.96 mi-3
£60005/240.96 mi-3
£55004/240.96 mi-3
£55004/240.96 mi-3
£53006/240.96 mi-3
£60004/240.96 miHamilton Crescent, Stevenston, KA203
£53005/240.96 miHamilton Crescent, Stevenston, KA203
£53005/240.96 miHamilton Crescent, Stevenston, KA203
£65004/241.01 miCorrie Crescent, Saltcoats3
£57507/241.13 miHarbour Street, Saltcoats, Ayrshire, KA213

Local Area Statistics

Population in Stevenston

9,438

Town centre distance

0.51 miles away

Nearest school

0.30 miles away

Nearest train station

0.82 miles away

 

 

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+41%

Property History

Price changed to £95,000

March 12, 2025

Listed for £99,000

December 20, 2024

Floor Plans

Description

Taylor and Henderson are delighted to bring to the market this semi detached villa with attached garage in need of modernisation.

The accommodation on offer comprises hallway with storage cupboard under the stairs, lounge with doors to the dining room, kitchen with door leading to the rear garden. The upper level offers 2 double bedrooms 1 single bedroom and a bathroom.

To front garden is laid with chips with a driveway to the side leading to the attached garage. The enclosed rear garden has a paved patio area the rest laid with chips and a greenhouse.

The coastal town of Stevenston offers many amenities to include local shops, supermarket, Retail Park, primary and secondary schooling, excellent beaches, train station and a library. It is also well placed for road and rail links to surrounding Ayrshire Towns and thus is ideal for commuting to both Prestwick and Glasgow International Airport and to Glasgow City Centre.

Agent Details

Taylor & Henderson, Saltcoats

01294 442241

Next Steps?

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