4 Bed Bungalow, Refurb/BRRR, Ayr, KA7 4HL, £295,000

1 Shalloch Park, Doonfoot, KA7 4HL, Ayr - 2 months ago

Under Offer
Refurb/BRRR
~129 m²
+13 photos

ValuationOvervalued

Sold Prices£112.5K - £595K

 

 

Square Metres

~129.26 m²

Value Estimate

£259,250

 

 

End Value (After Refurb)

£195,613

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£73,750

Stamp Duty & Legal Fees

£12,300

Refurb Costs

£50,369

Bridging Loan Interest

£7,744

Total Cash In

£145,912

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£195,613

Mortgage (After Refinance)

£146,709

Mortgage LTV

75%

Cash Left In

£145,912

Equity

£48,903

Rent Range

£371 - £1,850

Rent Estimate

£788

Running Costs/mo

£789

Cashflow/mo

£-1

Cashflow/yr

£-11

Gross Yield

3%

Local Sold Prices

50 sold prices from £112.5K to £595K, average is £316.7K.

PriceDateDistanceAddressBeds 
£350K10/210.03 mi1, Cairnsmore Drive, Ayr, Ayrshire KA7 4HW4
£375K06/240.03 mi1, Cairnsmore Drive, Ayr, Ayrshire KA7 4HW4
£292K05/210.12 mi32, Corserine Road, Ayr, Ayrshire KA7 4HN4
£314.1K04/240.15 mi9, Ailsa View Wynd, Ayr, Ayrshire KA7 4JZ4
£285.5K03/210.17 mi2, Lamford Drive, Ayr, Ayrshire KA7 4DE4
£324.5K11/210.19 mi1, Ailsa View Gardens, Ayr, Ayrshire KA7 4JG4
£320K01/210.2 mi24, Newark Crescent, Ayr KA7 4JD4
£335K01/210.42 mi6, Mount Charles Crescent, Ayr KA7 4NY4
£260K11/210.45 mi18, Greenan Way, Doonfoot, Ayr KA7 4EJ4
£227.6K02/210.45 mi8, Greenan Way, Doonfoot, Ayr KA7 4EJ4
£543K06/210.47 mi12, Cairn Crescent, Ayr, Ayrshire KA7 4PW4
£485K02/210.55 mi2, Castle Walk, Ayr KA7 4HH4
£595K12/210.61 mi26, Shanter Wynd, Ayr KA7 4RS4
£305K02/240.69 mi15, Gearholm Road, Ayr, Ayrshire KA7 4DR4
£235K04/210.9 mi3a, Doonholm Road, Ayr, Ayrshire KA7 4QQ4
£495K04/241.11 mi1, Arnprior Place, Ayr, Ayrshire KA7 4PT4
£220K02/241.12 mi2, Auchentrae Crescent, Ayr, Ayrshire KA7 4BB4
£340K11/211.18 mi10, Doonholm Park, Ayr KA6 6BH4
£335K06/241.18 mi8, Laigh Mount, Ayr, Ayrshire KA7 4QS4
£415K09/211.19 mi19, St. Vincent Crescent, Ayr KA7 4QW4
£570K09/211.3 mi7, Longlands Park, Ayr, Ayrshire KA7 4RJ4
£425K02/211.3 mi21, Longlands Park, Ayr KA7 4RJ4
£275K12/211.31 mi13, Broadwood Park, Ayr, Ayrshire KA7 4XE4
£350K12/211.34 mi5, Windward Park, Ayr, Ayrshire KA7 4UG4
£345K05/211.37 mi53, Doonvale Drive, Ayr, Ayrshire KA6 6EF4
£350K06/241.37 mi1, Lindston Place, Ayr, Ayrshire KA7 4UJ4
£112.5K05/211.45 mi1, Drumellan Road, Ayr KA7 4XQ4
£365.5K05/211.45 mi39, Corton Lea, Alloway, Ayr, Ayrshire KA6 6GJ4
£410K06/211.48 mi9, Nether Auchendrane, Ayr, Ayrshire KA7 4EE4
£330K03/211.5 mi16, Corton Shaw, Alloway, Ayr KA6 6GG4
£230.7K12/211.54 mi6, Gowanbank Road, Ayr, Ayrshire KA7 4RR4
£305K10/211.57 mi20, Robsland Avenue, Ayr, Ayrshire KA7 2RW4
£319.3K06/211.62 mi16, St. Leonards Road, Ayr, Ayrshire KA7 2PT4
£310K02/211.62 mi78, St. Leonards Road, Ayr KA7 2PT4
£296K01/211.65 mi4, Belmont Road, Ayr KA7 2PH4
£148K04/211.68 mi46, Belmont Avenue, Ayr, Ayrshire KA7 2ND4
£300K01/211.7 mi10, Hazelwood Road, Ayr KA7 2PY4
£262K06/241.7 mi91, Carcluie Crescent, Ayr, Ayrshire KA7 4SZ4
£360.1K11/211.79 mi10, Springvale Road, Ayr KA7 2SH4
£157K09/211.81 mi10, Morton Avenue, Ayr, Ayrshire KA7 2NQ4
£395K09/211.82 mi14, Carrick Road, Ayr, Ayrshire KA7 2RB4
£160K08/241.84 mi30, Meadowpark, Ayr KA7 2LR4
£250K01/211.84 mi9, Ballantine Drive, Ayr KA7 2RG4
£174.1K06/211.84 mi25, Ballantine Drive, Ayr, Ayrshire KA7 2RG4
£255K06/211.85 mi2a, Meadowpark, Ayr, Ayrshire KA7 2LN4
£360.1K08/211.89 mi20, Belmont Avenue, Ayr, Ayrshire KA7 2JN4
£310K04/241.93 mi110, Castlehill Road, Ayr, Ayrshire KA7 2LF4
£260K01/211.94 mi80, Castlehill Road, Ayr KA7 2JD4
£280K12/211.96 mi131, Castlehill Road, Ayr KA7 2LG4
£335.3K10/211.98 mi10, Bourtree Park, Ayr, Ayrshire KA7 2JF4

Local Rents

50 rents from £371/mo to £1.9K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£1,35003/250.27 mi-4
£80005/240.44 mi6 Castle Square, Ayr, KA7 4JN2
£1,85001/250.83 mi-4
£1,45005/241.08 mi29 Carseloch Road, Ayr, South Ayrshire, KA74
£1,80010/241.38 mi-2
£82503/251.57 mi-2
£49008/231.58 mi-1
£1,45009/231.59 mi-3
£69504/241.59 miSt. Leonards Road, Ayr, Ayrshire, KA72
£60008/241.61 mi-1
£42502/251.61 mi-1
£80007/231.63 mi-3
£79506/241.66 miSouthfield Park, Ayr, South Ayrshire, KA73
£89504/241.67 miSt. Leonards Wynd, Ayr, Ayrshire, KA72
£62510/231.7 mi-2
£67509/241.7 mi-2
£59504/241.7 mi20C Burnbank Road, Ayr, KA7 3QN2
£62504/241.7 miAnderson Crescent, Ayr, Ayrshire, KA72
£70005/241.8 miAnnfield Glen Road, Ayr, Ayrshire, KA72
£45004/241.93 mi-1
£74005/241.94 miBurnbank Road, Ayr, Ayrshire, KA72
£75005/241.96 mi48 Glendale Crescent, Ayr, KA7 3SB2
£75004/241.98 miEllisland Square, Ayr, KA72
£45703/251.98 mi-2
£44010/231.99 mi-2
£60012/232 mi-2
£38602/252.01 mi-1
£37104/242.01 mi-1
£38607/242.01 mi-1
£70004/242.01 mi-2
£1,00012/242.02 mi-2
£89505/242.03 miLarghill Lane, Ayr, South Ayrshire, KA73
£80005/242.04 miAYR - Bankfield Park 3
£1,10005/242.05 miBeresford Terrace, Ayr3
£1,20004/242.09 miForest Way, Ayr, Ayrshire, KA73
£75004/242.09 miBarns Crescent, Ayr, Ayrshire, KA72
£80002/242.11 mi-2
£65004/242.13 miDalblair Road, Ayr, KA7 1UQ2
£60005/242.14 mi45A Burns Statue Square, Ayr, South Ayrshire, KA72
£70001/242.15 mi-3
£87505/242.17 miWellington Square, Ayr, Ayrshire, KA74
£90007/242.18 mi-2
£85005/242.19 miGlenriddel Road, Ayr, South Ayrshire, KA73
£85004/242.19 mi58B Alloway Street3
£1,00001/242.21 mi-3
£1,00009/242.21 mi-3
£72503/242.22 miHolmston Gardens, Ayr, Ayrshire, KA72
£77502/252.22 mi-2
£77510/232.22 mi-2
£62505/242.23 miKyle Street, Ayr, South Ayrshire, KA72

Local Area Statistics

Population in Ayr

66,386

Town centre distance

1.71 miles away

Nearest school

0.40 miles away

Nearest train station

2.19 miles away

 

 

Rental growth (12m)

-19%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £295,000

January 16, 2025

Floor Plans

Description

Description
*CLOSING DATE - MONDAY 3RD FEBRUARY 2025 AT 11AM* Number 1 is a modern detached bungalow which enjoys a lovely corner position in a quiet residential cul-de-sac and is set amidst good sized gardens with a gate onto the common green. Although requiring a degree of modernisation the property provides extremely spacious, flexible accommodation suited to a variety of potential purchasers including families and those seeking all on the level living.

Benefits of the property include a fitted kitchen with useful utility room off, quality sanitary ware, gas central heating with an ‘Ideal' boiler, predominant double glazing, en-suite bathroom to the master bedroom, generous cupboard space and fitted wardrobes in two of the three bedrooms. In addition there is an extensive loft space providing excellent storage space which is accessed via a hatch in the hall.

In summary the accommodation extends to a broad and welcoming reception hallway, lounge open plan to the dining room, dining kitchen, garden room with doors to the rear garden, useful utility room (access to the garage), four bedrooms (including a master with three piece en-suite bathroom) and a shower room.

Externally to the front there is a carriage driveway with off street parking space for several vehicles. The side garden is predominantly laid to lawn with shrubbery borders. The rear garden has a patio area, shrubbery borders and gate to the common green.

EER - D Local Area
Shalloch Park is located within the ever popular residential area of Doonfoot which provides a range of local amenities including an excellent primary school, shops, tea-room and restaurant. Alloway village is close by and provides both historical interest as the birthplace of Roberts Burns and a number of recreational facilities including various sports clubs, Belleisle and Rozelle parks, pharmacy and doctors surgery. For the commuter there is a mainline rail link to Glasgow from Ayr (approximately three miles distant). Directions
From the Corum office in Ayr proceed out to and through Alloway village. After passing the Brig O' Doon Hotel turn right onto Longhill Avenue. On approaching the roundabout turn left onto Cairnsmore Drive and right onto Shalloch Park. Number 1 is on the left hand side.

Agent Details

Corum, Ayr

01292 431247

Next Steps?

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