3 Bed Semi-Detached House, Refurb/BRRR, Ayr, KA7 2NT, £159,000

32 Belmont Crescent, Ayr, KA7 2NT - 1 views - a month ago

Refurb/BRRR
ROI: 4%
~93 m²
+9 photos

ValuationOvervalued

Sold Prices£75K - £370K

 

 

Square Metres

~93 m²

Value Estimate

£124,500

 

 

End Value (After Refurb)

£131,250

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£39,750

Stamp Duty & Legal Fees

£9,150

Refurb Costs

£36,240

Bridging Loan Interest

£4,174

Total Cash In

£91,064

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£131,250

Mortgage (After Refinance)

£98,438

Mortgage LTV

75%

Cash Left In

£91,064

Equity

£32,813

Rent Range

£650 - £1,450

Rent Estimate

£919

Running Costs/mo

£614

Cashflow/mo

£305

Cashflow/yr

£3,661

ROI

4%

Gross Yield

7%

Local Sold Prices

50 sold prices from £75K to £370K, average is £178.3K.

PriceDateDistanceAddressBeds 
£186.4K05/240.09 mi22, Morton Avenue, Ayr, Ayrshire KA7 2NH3
£126K10/210.1 mi23, Southfield Park, Ayr, Ayrshire KA7 2NU3
£115.7K04/210.1 mi21, Southfield Park, Ayr KA7 2NU3
£285K09/210.13 mi29, Meadowpark, Ayr, Ayrshire KA7 2LW3
£195K02/240.14 mi84, St. Leonards Road, Ayr, Ayrshire KA7 2PU3
£181K02/240.15 mi2, Morton Avenue, Ayr, Ayrshire KA7 2NQ3
£315K06/210.19 mi19, Meadowpark Drive, Ayr, Ayrshire KA7 2LH3
£175K02/240.19 mi13, Meadowpark Drive, Ayr, Ayrshire KA7 2LH3
£140K12/210.19 mi37, Fenwickland Avenue, Ayr, Ayrshire KA7 3QB3
£227.5K09/210.22 mi16, Maybole Road, Ayr, Ayrshire KA7 2QA3
£94K02/240.27 mi13, Peggieshill Road, Ayr, Ayrshire KA7 3RE3
£108K07/210.28 mi6, Highfield Road, Ayr, Ayrshire KA7 3SF3
£135K10/210.29 mi63, Fenwickland Avenue, Ayr KA7 3QD3
£127.5K06/240.3 mi77, Fenwickland Avenue, Ayr, Ayrshire KA7 3QD3
£330K09/210.34 mi49, Monument Road, Ayr, Ayrshire KA7 2UD3
£111.8K03/210.35 mi11, Souter Place, Ayr KA7 3EF3
£295.1K01/210.35 mi5, Belmont Avenue, Ayr KA7 2JN3
£150K06/210.39 mi1, Orchard Place, Ayr, Ayrshire KA7 3ER3
£355K07/210.4 mi3, Longbank Drive, Ayr, Ayrshire KA7 4SB3
£282.5K08/240.4 mi9, Inverkar Road, Ayr KA7 2JS3
£142.5K12/210.44 mi14, Glenconner Road, Ayr, Ayrshire KA7 3HE3
£155K05/240.47 mi35, Glenriddel Road, Ayr, Ayrshire KA7 3HA3
£200K03/210.49 mi6, Greentree Park, Ayr, Ayrshire KA7 3SU3
£178.5K05/240.49 mi48, Ballantine Drive, Ayr, Ayrshire KA7 2RG3
£248K06/210.49 mi27, Knoll Park, Ayr, Ayrshire KA7 4RH3
£280K06/240.5 mi11, St. Phillans Avenue, Ayr, Ayrshire KA7 3BZ3
£139K06/240.53 mi122, Dalmellington Road, Ayr, Ayrshire KA7 3PS3
£210K04/240.54 mi29, St. Phillans Avenue, Ayr, Ayrshire KA7 3DD3
£102K10/210.55 mi11, Cranesbill Court, Ayr KA7 3YN3
£130K10/210.57 mi72, Cunningham Crescent, Ayr, Ayrshire KA7 3JB3
£120K12/210.6 mi44, Armour Drive, Ayr, Ayrshire KA7 3JX3
£245K06/210.61 mi28, Hawthorn Drive, Ayr, Ayrshire KA7 3TB3
£112K05/240.62 mi144, Caledonia Road, Ayr, Ayrshire KA7 3HR3
£370K07/210.65 mi4, Springvale Road, Ayr, Ayrshire KA7 2SH3
£91K06/240.67 mi16, Primrose Park, Ayr, Ayrshire KA7 3XF3
£75K08/210.69 mi9, Cornhill, Ayr, Ayrshire KA7 3YF3
£225K08/240.69 mi6, Laughlanglen Road, Ayr KA7 4RW3
£167K05/210.69 mi10, Masonhill Road, Ayr KA7 3NX3
£220K08/210.74 mi63, Maple Drive, Ayr, Ayrshire KA7 3QP3
£120K08/210.75 mi2, Bankfield Park, Ayr KA7 3UD3
£280K09/210.79 mi16, Cherryhill Road, Ayr KA7 4TE3
£245K01/210.79 mi11, Cherry Hill Road, Ayr KA7 4TE3
£225K07/210.8 mi36a, Bellevue Crescent, Ayr KA7 2DR3
£178K01/210.8 mi12, Spruce Park, Ayr KA7 3PL3
£196K04/240.81 mi8, Holmston Drive, Ayr, Ayrshire KA7 3JP3
£90K04/210.81 mi33, Heather Park, Ayr KA7 3XL3
£330K06/240.82 mi4, Laburnum Road, Ayr, Ayrshire KA7 3JS3
£110.6K11/210.83 mi112, Kincaidston Drive, Ayr, Ayrshire KA7 3XU3
£255K11/210.84 mi2c The Mews, Bentfield Avenue, Ayr, Ayrshire KA7 2XD3
£163K02/210.84 mi59, Alder Bank, Ayr KA7 3NU3

Local Rents

15 rents from £650/mo to £1.4K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£79506/240.1 miSouthfield Park, Ayr, South Ayrshire, KA73
£80007/230.29 mi-3
£89505/240.31 miLarghill Lane, Ayr, South Ayrshire, KA73
£1,20004/240.47 miForest Way, Ayr, Ayrshire, KA73
£85005/240.47 miGlenriddel Road, Ayr, South Ayrshire, KA73
£80005/240.75 miAYR - Bankfield Park 3
£1,10005/240.77 miBeresford Terrace, Ayr3
£70001/240.88 mi-3
£85004/240.91 mi58B Alloway Street3
£1,00001/241.08 mi-3
£1,00009/241.08 mi-3
£1,45009/231.09 mi-3
£80003/241.09 mi-3
£65001/251.17 mi-3
£89504/241.22 mi1A Cassillis Street, Ayr, KA7 1DN3

Local Area Statistics

Population in Ayr

66,386

Town centre distance

0.21 miles away

Nearest school

0.20 miles away

Nearest train station

0.80 miles away

 

 

Rental growth (12m)

-19%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £159,000

March 20, 2025

Floor Plans

Description

Stonefield Estate Agents are delighted to introduce 32 Belmont Crescent - A deceptively spacious three bedroom traditional semi detached villa with extensive south west facing gardens and garage, situated within the popular Belmont district of Ayr. Although requiring a degree of modernisation throughout, this wonderful home boasts expansive room dimensions across two levels extending to circa 1000 square feet and is conveniently positioned within walking distance of Ayr town centre, local primary and secondary schooling and a comprehensive range of amenities. Early viewing is fundamental to fully appreciate this superb family home and its popular setting.

In summary, the subjects comprise; welcoming entrance hall with excellent under stairs storage cupboard, bright and airy front facing lounge, fitted kitchen with ample base and wall units and rear hall with storage cupboard and door access to the rear garden. Completing the ground floor is the family bathroom with bath and shower over. Subject to relevant permissions, there is excellent scope to extend or reconfigure the kitchen / rear hall area to create a larger open plan dining kitchen, perfect for modern family living. Stairs ascend from the reception hall to the first floor which reveals three generously proportioned double bedrooms (all benefiting from integrated storage). Ensuring comfort all year round, the property is equipped with gas central heating and double glazing.  

Externally to the front and side there are well tended gardens (which could be converted to a driveway subject to requisite consents) and a lock up garage perfect for storage solutions. Further complementing this fantastic family home is the extensive rear garden which enjoys a sunny south westerly orientation. This wonderful space is a tranquil oasis for outdoor relaxation featuring an expansive area of lawn, perfect for young families or those looking to landscape to their own requirements.

All local amenities are within easy walking distance including Ayr town centre, seafront, bars and restaurants, shops and supermarkets, local primary and secondary schooling plus excellent transportation links. For commuters, the A77 / M77 road networks are easily accessed providing a swift route to Glasgow and beyond.

Demand for family homes within this sought after location remains extremely buoyant therefore early viewing is highly recommended.

Dimensions - 
Lounge; 14'0 x 12'4
Kitchen; 9'2 x 9'2
Bathroom; 5'9 x 6'9
Bedroom 1; 14'2 x 10'1
Bedroom 2; 10'5 x 10'4
Bedroom 3; 9'3 x 12'4

Sat Nav - KA7 2NT

Agent Details

Stonefield Estate Agents, Ayr

01292 501777

Next Steps?

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