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This property was removed from Dealsourcr.

3 Bed Terraced House, Refurb/BRRR, Stranraer, DG9 7EW £39,000

37 St John Street, Stranraer, DG9 7EW - 11 views - a year ago
  1. Deal Search
  2. Stranraer
  3. DG9
  4. DG9 7EW
Auction
Refurb/BRRR
Negative Equity
ROI: 3%
~93 m²

ValuationUndervalued

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Links

  • More Deals in Stranraer
  • More Deals in DG9
  • More Refurb/BRRR Deals
  • More Refurb/BRRR Deals in Stranraer
  • More Refurb/BRRR Deals in DG9

Property History

Price changed to £39,000

February 4, 2025

Listed for £45,000

-19%

December 23, 2024

Sold for £53,500

2021

Sold for £51,500

2017

Sold for £30,000

2017

Sold for £37,000

2012

Floor Plans

Description

  • Prime New Entry. We are excited to present these 3 Studio Flats within a Self-Contained mid terrace house located within a prime location in Stranraer. +

  • Currently Vacant, the site comes with 3 studio flats, previously rented at a combined annual total of £8100 which would generate an incredible annual gross yield of 18% if secured at the guide. +

  • 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. +

  • Prime New Entry. We are excited to present these 3 Studio Flats within a Self-Contained mid terrace house located within a prime location in Stranraer. 

 

  • Currently Vacant, the site comes with 3 studio flats, previously rented at a combined annual total of £8100 which would generate an incredible annual gross yield of 18% if secured at the guide.

 

  • 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.

 

Prime New Entry. We are excited to present these 3 Studio Flats within a Self-Contained mid terrace house located within a prime location in Stranraer. 

 

Property comprises: 

 

Flat 1 Ground: Hallway Entry, Open Plan Studio Room & Bathroom

 

Flat 2:  Hallway Entry, Open Plan Studio Room & Bathroom

 

Flat 3 :  Hallway Entry, Open Plan Studio Room & Bathroom

 

Currently Vacant, the site comes with 3 studio flats, previously rented at a combined annual total of £8100 which would generate an incredible annual gross yield of 18% if secured at the guide.

 

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.

 

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer Now” button on our website.

 

 

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. For further details on how to have a bidding account created please contact the team.

 

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. Situated near the Irish Sea and historically known as a ferry port to Northern Ireland, Stranraer benefits from proximity to the A75 Euro Route, connecting it to the UK's motorway network, and Glasgow, Edinburgh, and Carlisle. The town's economy is supported by tourism, retail, and agriculture, with growth potential in hospitality and leisure due to its coastal setting, attractions like Loch Ryan, and scenic countryside. Recent regeneration efforts, including waterfront redevelopment plans, aim to transform Stranraer into a thriving hub for tourism and business. Stranraer's combination of location, natural beauty, and development initiatives makes it an attractive choice for investors seeking opportunities in a revitalizing and strategically positioned town.

Agent Details

Prime Property Auctions (Scotland) Ltd, Glasgow

0141 465 5880

Next Steps?

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

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