4 Bed Detached House, Refurb/BRRR, Ayr, KA7 2SP, £465,000

11 Broomfield Road, Ayr, KA7 2SP - 1 views - 2 months ago

Under Offer
Refurb/BRRR
~129 m²
+15 photos

ValuationOvervalued

Sold Prices£148K - £570K

 

 

Square Metres

~129.26 m²

Value Estimate

£360,150

 

 

End Value (After Refurb)

£365,075

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£116,250

Stamp Duty & Legal Fees

£25,900

Refurb Costs

£50,369

Bridging Loan Interest

£12,206

Total Cash In

£206,475

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£365,075

Mortgage (After Refinance)

£273,806

Mortgage LTV

75%

Cash Left In

£206,475

Equity

£91,269

Rent Range

£550 - £2,400

Rent Estimate

£1,157

Running Costs/mo

£1,392

Cashflow/mo

£-235

Cashflow/yr

£-2,823

Gross Yield

3%

Local Sold Prices

37 sold prices from £148K to £570K, average is £285K.

PriceDateDistanceAddressBeds 
£395K09/210.17 mi14, Carrick Road, Ayr, Ayrshire KA7 2RB4
£300K01/210.18 mi10, Hazelwood Road, Ayr KA7 2PY4
£360.1K11/210.19 mi10, Springvale Road, Ayr KA7 2SH4
£250K01/210.19 mi9, Ballantine Drive, Ayr KA7 2RG4
£174.1K06/210.19 mi25, Ballantine Drive, Ayr, Ayrshire KA7 2RG4
£319.3K06/210.28 mi16, St. Leonards Road, Ayr, Ayrshire KA7 2PT4
£310K02/210.28 mi78, St. Leonards Road, Ayr KA7 2PT4
£305K10/210.31 mi20, Robsland Avenue, Ayr, Ayrshire KA7 2RW4
£335.3K10/210.33 mi10, Bourtree Park, Ayr, Ayrshire KA7 2JF4
£360.1K08/210.34 mi20, Belmont Avenue, Ayr, Ayrshire KA7 2JN4
£260K01/210.39 mi80, Castlehill Road, Ayr KA7 2JD4
£157K09/210.41 mi10, Morton Avenue, Ayr, Ayrshire KA7 2NQ4
£148K04/210.41 mi46, Belmont Avenue, Ayr, Ayrshire KA7 2ND4
£255K06/210.42 mi2a, Meadowpark, Ayr, Ayrshire KA7 2LN4
£383.1K08/210.5 mi21, Dongola Road, Ayr, Ayrshire KA7 3BJ4
£160K08/240.52 mi30, Meadowpark, Ayr KA7 2LR4
£275K11/210.52 mi14, Holmston Road, Ayr KA7 3BB4
£310K04/240.52 mi110, Castlehill Road, Ayr, Ayrshire KA7 2LF4
£296K01/210.54 mi4, Belmont Road, Ayr KA7 2PH4
£370.1K04/240.56 mi50, Ashgrove Street, Ayr, Ayrshire KA7 3BG4
£285K11/210.59 mi32, Holmston Road, Ayr KA7 3BD4
£220K02/240.59 mi2, Auchentrae Crescent, Ayr, Ayrshire KA7 4BB4
£280K12/210.61 mi131, Castlehill Road, Ayr KA7 2LG4
£570K09/210.7 mi7, Longlands Park, Ayr, Ayrshire KA7 4RJ4
£425K02/210.7 mi21, Longlands Park, Ayr KA7 4RJ4
£285K08/210.81 mi5, Charlotte Street, Ayr KA7 1DZ4
£240K02/240.83 mi86, Stobhill Crescent, Ayr, Ayrshire KA7 3LU4
£475K10/210.84 mi15, Queens Terrace, Ayr KA7 1DU4
£325K04/210.84 mi17, Queens Terrace, Ayr KA7 1DU4
£180K04/240.87 mi15, Fothringham Road, Ayr, Ayrshire KA8 0EY4
£283.4K08/210.87 mi2, Bruce Crescent, Ayr, Ayrshire KA7 1JH4
£275K02/210.89 mi7, Craigie Road, Ayr KA8 0EZ4
£262K08/210.89 mi28, Queens Terrace, Ayr KA7 1DX4
£245K03/210.92 mi6, Ailsa Place, Ayr, Ayrshire KA7 1JG4
£285K08/210.93 mi19, Craigie Road, Ayr, Ayrshire KA8 0EZ4
£360K03/210.95 mi11, Eglinton Terrace, Ayr KA7 1JJ4
£305K02/240.97 mi15, Gearholm Road, Ayr, Ayrshire KA7 4DR4

Local Rents

21 rents from £550/mo to £2.4K/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£79506/240.42 miSouthfield Park, Ayr, South Ayrshire, KA73
£1,10005/240.43 miBeresford Terrace, Ayr3
£70001/240.54 mi-3
£85004/240.58 mi58B Alloway Street3
£85005/240.69 miGlenriddel Road, Ayr, South Ayrshire, KA73
£1,00001/240.69 mi-3
£1,00009/240.69 mi-3
£87505/240.7 miWellington Square, Ayr, Ayrshire, KA74
£89505/240.72 miLarghill Lane, Ayr, South Ayrshire, KA73
£80007/230.74 mi-3
£89504/240.8 mi1A Cassillis Street, Ayr, KA7 1DN3
£65012/240.84 mi-3
£85005/240.85 miFort Street, Ayr, Ayrshire, KA7 1DG3
£2,40002/240.87 mi-4
£2,40005/240.87 mi-4
£2,40004/240.87 miHigh Street, Ayr, KA74
£2,40004/240.87 miHigh Street, Ayr, KA74
£1,20004/240.94 miForest Way, Ayr, Ayrshire, KA73
£55002/251.11 mi-3
£89504/241.18 mi17 Donnini Court, South beach Road, Ayr, KA7 1JP3
£80003/241.19 mi-3

Local Area Statistics

Population in Ayr

66,386

Town centre distance

0.69 miles away

Nearest school

0.50 miles away

Nearest train station

0.54 miles away

 

 

Rental growth (12m)

-19%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £465,000

February 11, 2025

Floor Plans

Description

Description
Number 11 is the major portion of a beautiful blond sandstone detached villa with generous and flexible accommodation arranged over two levels. No expense has been spared by the currents owners in creating a quite stunning home including a large extension to the side and comprehensive upgrading and modernisation throughout. The extension to the side provides a further public room, bedroom and shower room (all with underfloor heating) and this could be utilised as a self contained annexe if required.

Internally the property successfully blends modern finishes with traditional features including decorative cornice work, raised skirtings, wooden shutters and a period fireplace in the lounge. Modern finishes include a fitted kitchen, luxury bathroom and two en-suite shower rooms, double glazing, bi-folding doors to the rear garden, gas central heating, neutral decoration and quality floor coverings.

In summary the accommodation extends to, on the ground floor, an entrance vestibule, broad and welcoming reception hallway, bay windowed lounge, bay windowed dining/sitting room, modern fitted kitchen, bay windowed games/family room with bi-folding doors to the rear garden and double bedroom with three piece en-suite shower room. Upstairs there are three bedrooms including a master with three piece en-suite shower room and a four piece family bathroom. The loft space provides extra storage and is accessed via a pull down ladder.

Externally the property is entered via gates onto a block paved driveway providing off street parking for several vehicles. The front garden is predominantly laid to lawn with well stocked shrubbery borders, mature trees and garden shed. The fully enclosed, south westerly facing rear garden is accessed via bi-fold doors from the games/family room and has been hard landscaped with decorative tiles.

EER - C Local Area
Broomfield Road is one of Ayr's most sought after residential addresses linking Carrick Road with Midton Road and therefore within close proximity to the Old Racecourse, sea-front and town centre. There are a wide range of amenities in the locality including supermarket and retail shopping, transport and recreational facilities. For the commuter there are excellent road and rail links to Glasgow. Directions
From the Corum office in Beresford Terrace proceed out on Carrick Road and just before St Leonards Church turn right onto Broomfield Road. Number 11 is set back from the road on the left hand side.

Agent Details

Corum, Ayr

01292 431247

Next Steps?

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