3 Bed Terraced House, Refurb/BRRR, Stevenston, KA20 4EE, £78,995

Greenhead Avenue, Stevenston, Ayrshire, KA20 4EE - 2 views - a month ago

Refurb/BRRR
ROI: 6%
~93 m²
+8 photos

ValuationOvervalued

Sold Prices£39K - £245.3K

 

 

Square Metres

~93 m²

Value Estimate

£74,800

 

 

End Value (After Refurb)

£57,238

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£19,749

Stamp Duty & Legal Fees

£5,150

Refurb Costs

£36,400

Bridging Loan Interest

£2,074

Total Cash In

£65,122

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£57,238

Mortgage (After Refinance)

£42,928

Mortgage LTV

75%

Cash Left In

£65,122

Equity

£14,309

Rent Range

£530 - £850

Rent Estimate

£662

Running Costs/mo

£331

Cashflow/mo

£331

Cashflow/yr

£3,969

ROI

6%

Gross Yield

10%

Local Sold Prices

50 sold prices from £39K to £245.3K, average is £94K.

PriceDateDistanceAddressBeds 
£80K12/210 mi4, Greenhead Avenue, Stevenston, Ayrshire KA20 4EE3
£91K09/210.04 mi4, Ardchoille Drive, Stevenston, Ayrshire KA20 4ED3
£56.8K11/210.05 mi147a, Hayocks Road, Stevenston, Ayrshire KA20 4DW3
£88K11/210.06 mi11, Ashgrove Avenue, Stevenston, Ayrshire KA20 4EG3
£85K06/210.1 mi156, Campbell Avenue, Stevenston, Ayrshire KA20 4BS3
£72.5K02/210.1 mi152, Campbell Avenue, Stevenston, Ayr KA20 4BS3
£77K03/210.11 mi16, Cambuskeith Road, Stevenston, Ayrshire KA20 4BU3
£95K12/200.12 mi125, Hayocks Road, Stevenston, Ayrshire KA20 4DJ3
£76K12/210.17 mi101, Campbell Avenue, Stevenston, Ayr KA20 4BT3
£95K11/210.18 mi76, Hayocks Road, Stevenston, Ayrshire KA20 4DH3
£69K12/200.18 mi38, Campbell Avenue, Stevenston, Ayrshire KA20 4BP3
£75K07/210.22 mi47, Reid's Avenue, Stevenston, Ayr KA20 4BH3
£105K05/210.23 mi28, Hyslop Road, Stevenston, Ayrshire KA20 4HP3
£95K06/210.23 mi158, Morrison Avenue, Stevenston, Ayrshire KA20 4HJ3
£55K07/210.23 mi77, Morrison Avenue, Stevenston, Ayrshire KA20 4HJ3
£82K12/200.27 mi6, St. Johns Place, Stevenston KA20 4JL3
£54.5K12/200.29 mi54, Hamilton Crescent, Stevenston, Ayrshire KA20 4JE3
£84.5K05/210.29 mi65, Hamilton Crescent, Stevenston, Ayrshire KA20 4JD3
£135K04/210.32 mi10, Gilmour Wynd, Stevenston, Ayr KA20 4DA3
£140.1K08/210.32 mi59, Gilmour Wynd, Stevenston, Ayrshire KA20 4DA3
£130K06/210.32 mi69, Gilmour Wynd, Stevenston, Ayrshire KA20 4DA3
£138K10/210.32 mi67, Gilmour Wynd, Stevenston, Ayrshire KA20 4DA3
£200K09/210.32 mi40, Hawkhill Drive, Stevenston, Ayrshire KA20 3DF3
£143.3K10/210.33 mi29, Hawkhill Drive, Stevenston, Ayrshire KA20 3DF3
£245.3K12/210.33 mi36, Hawkhill Drive, Stevenston, Ayrshire KA20 3DF3
£88K11/210.34 mi46, Wallace Avenue, Stevenston, Ayrshire KA20 4BN3
£213.2K08/210.36 mi7a, Glencairn Gardens, Stevenston, Ayrshire KA20 3WG3
£136.5K05/210.45 mi15, Highfield Drive, Stevenston, Ayrshire KA20 3AU3
£100K11/210.48 mi3, Mount Pleasant, Stevenston, Ayrshire KA20 3ES3
£95K08/210.57 mi70, Darg Road, Stevenston, Ayrshire KA20 3AY3
£70K12/200.57 mi32, Darg Road, Stevenston, Ayr KA20 3AY3
£85K01/210.57 mi10, Garnock Road, Stevenston, Ayr KA20 3BA3
£39K03/210.59 mi78, Darg Road, Stevenston, Ayrshire KA20 3AZ3
£105K09/210.67 mi18, High Road, Stevenston, Ayrshire KA20 3DR3
£86K09/210.72 mi27, Mayfield Crescent, Stevenston, Ayrshire KA20 4AJ3
£165K03/210.77 mi2, Caponcraig Avenue, Stevenston, Ayrshire KA20 3DS3
£93K03/210.79 mi166, New Street, Stevenston, Ayrshire KA20 3HH3
£95K06/210.79 mi160a, New Street, Stevenston KA20 3HH3
£65K03/210.8 mi16, Muir Drive, Stevenston, Ayrshire KA20 3JD3
£82.5K10/210.8 mi17, Muir Drive, Stevenston, Ayrshire KA20 3JE3
£51K12/210.85 mi120, Boglemart Street, Stevenston, Ayrshire KA20 3JL3
£155K09/210.85 mi74, Boglemart Street, Stevenston, Ayrshire KA20 3DZ3
£141.6K06/210.85 mi7, Thornhill Court, Kilwinning, Ayrshire KA13 6QU3
£74K11/210.85 mi2, Ailsa Drive, Stevenston, Ayrshire KA20 3JG3
£149K05/210.87 mi12, Sutton Court, Kilwinning, Ayrshire KA13 6QS3
£188K04/210.9 mi152, Glencairn Street, Stevenston, Ayrshire KA20 3BS3
£190K11/210.9 mi5, Diddup Drive, Stevenston, Ayrshire KA20 4AF3
£180K05/210.9 mi10, Diddup Drive, Stevenston, Ayrshire KA20 4AF3
£78.5K05/210.92 mi2, Canal Crescent, Stevenston, Ayrshire KA20 3JY3
£140K07/210.93 mi13, Dornoch Court, Kilwinning, Ayrshire KA13 6QN3

Local Rents

16 rents from £530/mo to £850/mo, average is £600/mo.

RentDateDistanceAddressBeds 
£75004/240.05 miBurnlea Place, Stevenston, Ayrshire, KA203
£80006/240.2 mi-3
£77504/240.2 miHyslop Road, Stevenston, KA203
£75005/240.2 miHyslop Road, Stevenston, KA203
£80005/240.2 miHyslop Road, Stevenston, KA203
£54504/240.24 miMorrison Court, Stevenston, Ayrshire, KA203
£60005/240.24 mi-3
£60005/240.24 mi-3
£55004/240.24 mi-3
£55004/240.24 mi-3
£53006/240.24 mi-3
£60004/240.24 miHamilton Crescent, Stevenston, KA203
£53005/240.24 miHamilton Crescent, Stevenston, KA203
£53005/240.24 miHamilton Crescent, Stevenston, KA203
£85010/240.59 mi-3
£85010/240.59 mi-3

Local Area Statistics

Population in Stevenston

9,438

Town centre distance

0.50 miles away

Nearest school

0.20 miles away

Nearest train station

0.96 miles away

 

 

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+41%

Property History

Listed for £78,995

March 5, 2025

Description

  • AVAILABLE NOW +
  • FIRST HOME +
  • IDEAL FOR FAMILY +

WELCOME TO THIS THREE-BEDROOM HOUSE THAT PRESENTS A FANTASTIC OPPORTUNITY FOR THOSE SEEKING A PROPERTY WITH THE POTENTIAL TO MAKE THEIR OWN. CURRENTLY, IN NEED OF RENOVATION, THIS MID-TERRACE HOME PROVIDES A BLANK CANVAS FOR FIRST-TIME BUYERS OR FAMILIES LOOKING TO CREATE A HOME TAILORED TO THEIR TASTES.

THE HOUSE BOASTS A GENEROUS LAYOUT, FEATURING A RECEPTION ROOM AND A KITCHEN ON THE GROUND FLOOR, FOLLOWED BY THREE DOUBLE-SIZED BEDROOMS AND A SHOWER ROOM ON THE FIRST FLOOR. EACH ROOM OFFERS A GOOD BASE FOR RENOVATION WITH ENOUGH SPACE TO ACCOMMODATE VARIOUS INTERIOR DESIGNS AND STYLES.

ONE OF THE STANDOUT FEATURES OF THIS PROPERTY IS ITS WELL-LOOKED-AFTER GARDEN. THIS OUTDOOR SPACE HAS BEEN MAINTAINED TO A GOOD STANDARD, WITH REAR GARDEN ACCESS TO PARKING.

THE PROPERTY FALLS WITHIN COUNCIL TAX BAND A, MAKING IT AN AFFORDABLE CHOICE FOR THOSE WITH A KEEN EYE FOR A RENOVATION PROJECT.

SO, IF YOU'RE A FIRST-TIME BUYER LOOKING TO STEP ONTO THE PROPERTY LADDER, OR A FAMILY SEEKING A NEW HOME TO MAKE YOUR OWN, THIS HOUSE COULD BE JUST THE OPPORTUNITY YOU'VE BEEN WAITING FOR. DON'T MISS A CHANCE TO BRING YOUR VISION TO LIFE IN THIS PROMISING PROPERTY.

ROOM DIMENSIONS

LIVING ROOM 3'59X5'54
DINING ROOM 2'25X2'69
KITCHEN 3'15X3'74
BEDROOM 1 3'36X2'72
BEDROOM 2 2'72X2'65
BEDROOM 3 2'72X3'57
SHOWER ROOM 1'75X186

Agent Details

MacKenzie Way, Ayrshire

01294 442335

Next Steps?

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