3 Bed Semi-Detached House, Single Let, Beith, KA15 2AP, £50,000

61, Mains Road, Beith, KA15 2AP2AP - 1 views - a month ago

Auction
BTL
ROI: 24%
~93 m²
+4 photos

ValuationUndervalued

Sold Prices£78K - £225K

 

 

Square Metres

~93 m²

Value Estimate

£60,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£12,500

Stamp Duty & Legal Fees

£3,700

Total Cash In

£16,200

 

 

Cash Out

 

Rent Range

£630 - £1,400

Rent Estimate

£630

Running Costs/mo

£302

Cashflow/mo

£328

Cashflow/yr

£3,933

ROI

24%

Gross Yield

15%

Local Sold Prices

32 sold prices from £78K to £225K, average is £122.3K.

PriceDateDistanceAddressBeds 
£78K05/210.07 mi38, Blackthorn Avenue, Beith, Ayrshire KA15 2AR3
£115K10/210.07 mi2, Blackthorn Avenue, Beith, Ayrshire KA15 2AR3
£92K02/210.07 mi40, Blackthorn Avenue, Beith, Ayr KA15 2AR3
£110K11/200.07 mi47, Blackthorn Avenue, Beith, Ayr KA15 2AR3
£88K11/200.07 mi31, Blackthorn Avenue, Beith, Ayrshire KA15 2AR3
£110K04/210.07 mi42, Blackthorn Avenue, Beith, Ayr KA15 2AR3
£122.5K09/210.1 mi15, Cedar Avenue, Beith, Ayr KA15 1DQ3
£125K11/210.3 mi46, Kings Road, Beith, Ayrshire KA15 2BJ3
£131.3K02/210.36 mi54, Woodside Road, Beith, Ayr KA15 2BU3
£115K06/210.37 mi17, Balfour Avenue, Beith, Ayrshire KA15 1AW3
£117K03/210.45 mi40, Wilson Street, Beith, Ayrshire KA15 2BG3
£86K12/200.47 mi29, Sycamore Avenue, Beith, Ayr KA15 2DW3
£205K01/210.47 mi18, Grahamfield Place, Beith, Ayr KA15 1AY3
£150K11/200.48 mi39, Wilson Street, Beith, Ayrshire KA15 2BE3
£190K03/210.52 mi1, De Morville Place, Beith, Ayrshire KA15 1AT3
£185.4K06/210.53 mi16, Glebe Court, Beith, Ayrshire KA15 1ET3
£172.5K07/210.54 mi39, Glebelands Way, Beith, Ayrshire KA15 1AS3
£225K08/210.54 mi35, Glebelands Way, Beith, Ayrshire KA15 1AS3
£135K01/210.54 mi52, Manuel Avenue, Beith, Ayr KA15 1BJ3
£86K11/200.58 mi34, Mcmillan Crescent, Beith, Ayrshire KA15 1BP3
£165K12/200.59 mi25, Aitken Drive, Beith, Ayr KA15 2ER3
£125K06/210.59 mi20, Aitken Drive, Beith, Ayrshire KA15 2ER3
£122K11/210.6 mi26, Larch Terrace, Beith, Ayrshire KA15 1EN3
£108.5K12/210.6 mi65, Beech Avenue, Beith, Ayrshire KA15 2EQ3
£112.1K12/200.61 mi58, Auldlea Road, Beith, Ayr KA15 2DB3
£135K11/200.61 mi59, Crummock Gardens, Beith, Ayrshire KA15 2HF3
£110K02/210.63 mi18, Larch Terrace, Beith, Ayr KA15 1EH3
£147.8K05/210.64 mi28, Crummock Gardens, Beith, Ayrshire KA15 2HD3
£182K09/210.66 mi2, Wotherspoon Drive, Beith, Ayrshire KA15 2JX3
£182K11/210.66 mi37, Lomond Crescent, Beith, Ayrshire KA15 2EA3
£120K09/210.66 mi39, Lomond Crescent, Beith, Ayrshire KA15 2EA3
£102K11/200.66 mi14, Cherrywood Drive, Beith, Ayrshire KA15 2DZ3

Local Rents

11 rents from £630/mo to £1.4K/mo, average is £695/mo.

RentDateDistanceAddressBeds 
£69504/240.09 mi-3
£63006/240.26 miAcacia Drive, Beith, KA153
£63002/240.26 mi-3
£63008/240.26 mi-3
£68012/240.27 mi-3
£68003/240.35 mi-3
£1,10008/240.35 mi-3
£69509/240.45 mi-3
£69508/240.45 miSycamore Avenue, Beith, KA153
£1,40004/240.54 miSpiers Avenue, Beith3
£90006/240.61 miCypress Avenue, Beith3

Local Area Statistics

Population in Beith

7,699

Town centre distance

1.21 miles away

Nearest school

0.40 miles away

Nearest train station

1.55 miles away

 

 

Rental growth (12m)

-39%

Sales demand

Seller's market

Capital growth (5yrs)

+29%

Property History

Listed for £50,000

March 7, 2025

Description

  • TENANTED TURN KEY INVESTMENT3 bedroom Semi detached ex local Authority villa in convenient location close to Beith town centre. IDEAL FOR INVESTOR LANDLORD. +
  • Internally the accommodation comprises entrance hall, lounge with dining area, fitted kitchen and shower room on ground floor. Upper floor completes the property with 3 bedrooms and landing. +
  • Property is further enhanced by a system of GAS central heating, UPVC double glazing and well maintained enclosed rear gardens. There is a driveway to the side with disabled access also a positive. +
  • EPC RATING DCurrently tenanted to long term tenant IDEAL FOR LANDLORD looking to expand portfolio with existing income generated from day one. +
  • COMPARABLE SALES3 bed Semi detached 74 Mains Road sold £116,500 (corner plot) 20223 bed Terrace villa, Blackthorn Ave sold 2020 £88,0003 bed semi, Robert Burns court sold 2023 at £100,000** +

SALE BY AUCTION - 03 April 2025 - Timed Online Auction

TENANTED TURN KEY INVESTMENT3 bedroom Semi detached ex local Authority villa in convenient location close to Beith town centre. IDEAL FOR INVESTOR LANDLORD. Internally the accommodation comprises entrance hall, lounge with dining area, fitted kitchen and shower room on ground floor. Upper floor completes the property with 3 bedrooms and landing. Property is further enhanced by a system of GAS central heating, UPVC double glazing and well maintained enclosed rear gardens. There is a driveway to the side with disabled access also a positive. COMPARABLE SALES3 bed Semi detached 74 Mains Road sold £116,500 (corner plot) 20223 bed Terrace villa, Blackthorn Ave sold 2020 £88,0003 bed semi, Robert Burns court sold 2023 at £100,000**

Beith lies on the A737 between Paisley and Dalry/Irvine only 20 miles from Glasgow (35 minutes by car) convenient for Kilmarnock and Ayr. The town offers local shopping, sports/recreational facilities, schooling and regular public transport including bus links to Glasgow International Airport and Glasgow City Centre. The neighbouring countryside caters for a wide range of sports/leisure activities including fishing, golf and all equestrian pursuits. In addition it offers local schooling at primary level with secondary schooling at Garnock Academy, Kilbirnie. Dunlop and Glengarnock Train Stations provide fast commuter access across West Central Scotland.

Auction Details
03 April 2025, 10am-3pm
Timed Online Auction

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Agent Details

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