4 Bed Semi-Detached House, Potential PLO/LOA, Prestwick, KA9 1BQ, £249,950

The Crescent, Monkton Road, Prestwick, South Ayrshire, KA9 1BQ - 4 views - a year ago

Negative Equity
~129 m²
+29 photos

ValuationOvervalued

Sold Prices£142.5K - £531.5K

 

 

Square Metres

~129.26 m²

Value Estimate

£221,111

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,488

Stamp Duty & Legal Fees

£8,699

Total Cash In

£71,186

 

 

Cash Out

 

Rent Range

£425 - £1,950

Rent Estimate

£436

Running Costs/mo

£888

Cashflow/mo

£-452

Cashflow/yr

£-5,428

Gross Yield

2%

Local Sold Prices

36 sold prices from £142.5K to £531.5K, average is £267.6K.

PriceDateDistanceAddressBeds 
£410.1K10/210.04 mi36, Monkton Road, Prestwick, Ayrshire KA9 1AR4
£302.5K09/210.2 mi10, Meiklewood Avenue, Prestwick, Ayrshire KA9 2JR4
£346.9K11/210.31 mi7, Weir Avenue, Prestwick, Ayrshire KA9 2JY4
£300K11/210.32 mi19, Midton Road, Prestwick, Ayrshire KA9 1PJ4
£410K06/240.32 mi14, Midton Road, Prestwick, Ayrshire KA9 1PJ4
£221.1K06/210.34 mi90, Boydfield Avenue, Prestwick, Ayrshire KA9 2JJ4
£320K09/210.34 mi58, Berelands Road, Prestwick, Ayrshire KA9 2JT4
£315K05/210.4 mi1, Bridge Street, Prestwick KA9 1PN4
£290K08/240.47 mi8, Shaw Road, Prestwick, Ayr KA9 2LN4
£315K07/210.49 mi11, Templeton Crescent, Prestwick, Ayrshire KA9 1JA4
£205K02/240.58 mi32, Adamton Road North, Prestwick, Ayrshire KA9 2HY4
£531.5K09/210.6 mi8, Duart Avenue, Prestwick, Ayrshire KA9 1NA4
£210K03/210.65 mi8, Ferguson Avenue, Prestwick, Ayrshire KA9 1BN4
£313.8K02/210.65 mi7, Rowallan Crescent, Prestwick, Ayr KA9 2HE4
£240K06/210.71 mi1, Carleton Gardens, Prestwick, Ayrshire KA9 2HP4
£270.1K12/210.83 mi21, Station Road, Monkton, Prestwick, Ayrshire KA9 2RH4
£180.5K09/210.85 mi1, Whiteside Road, Prestwick, Ayrshire KA9 1DX4
£295.8K08/240.86 mi131, Adamton Road South, Prestwick, Ayr KA9 2DP4
£280K07/211.01 mi21, Whiteside Drive, Monkton, Prestwick KA9 2PU4
£227K11/211.01 mi34, Kilmarnock Road, Monkton, Prestwick, Ayr KA9 2RJ4
£150K05/211.1 mi24, Crandleyhill Road, Prestwick, Ayr KA9 2BE4
£290K03/211.14 mi2a, Bruce Avenue, Prestwick, Ayrshire KA9 1SG4
£215K02/211.17 mi55, Coylebank, Prestwick, Ayr KA9 2DH4
£450K08/241.19 mi59, Maryborough Road, Prestwick, Ayr KA9 1SW4
£358K04/211.23 mi39, Fairway View, Prestwick, Ayrshire KA9 2SZ4
£248K02/241.38 mi1, Murchie Drive, Prestwick, Ayrshire KA9 2ND4
£240K04/211.45 mi1a, Englewood Avenue, Ayr, Ayrshire KA8 9EF4
£170K05/211.48 mi7, Moor Park, Prestwick, Ayrshire KA9 2NJ4
£225K05/241.65 mi25, Ward Road, Ayr, Ayrshire KA8 9AZ4
£142.5K06/211.76 mi22, Woodfield Road, Ayr KA8 8LZ4
£235K02/211.76 mi18, Woodfield Road, Ayr KA8 8LZ4
£327K07/211.79 mi10, Kings Park, Ayr, Ayrshire KA8 9NZ4
£193.5K06/241.84 mi20, Springbank Road, Ayr, Ayrshire KA8 9BP4
£232K02/211.94 mi45, Prestwick Road, Ayr KA8 8LF4
£265K09/211.96 mi9, Murray Place, Ayr, Ayrshire KA8 9PS4
£194K06/211.98 mi10, Lansdowne Road, Ayr, Ayrshire KA8 8LS4

Local Rents

50 rents from £425/mo to £1.9K/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£69504/240.12 miAlexandra Avenue, Prestwick, South Ayrshire, KA92
£57511/240.16 mi-1
£72505/240.21 miPowmill Gardens, Prestwick, South Ayrshire, KA92
£75004/240.22 miShawfarm Gardens, Prestwick, Ayrshire, KA92
£79504/240.22 miShawfarm Gardens, South Ayrshire, Prestwick, KA92
£77505/240.22 miShawfarm Gardens, Prestwick, South Ayrshire, KA92
£65004/240.25 miCrofthead Road, Prestwick, South Ayrshire, KA92
£95005/240.27 miMidton Road, Prestwick, KA93
£45003/240.29 miBoydfield Avenue, Prestwick, KA91
£70004/240.29 miTowans Court, Prestwick, South Ayrshire, KA92
£49506/240.29 miLadykirk Road, Prestwick, South Ayrshire, KA91
£57509/240.35 mi-1
£50004/240.35 miAlbyn Court, Prestwick, South Ayrshire, KA91
£52505/240.35 miAlbyn Court, Kyle Street, Prestwick, South Ayrshire, KA91
£50003/240.39 miShawfarm Court, Prestwick, South Ayrshire1
£49504/240.4 miBoyd Street, Prestwick, South Ayrshire, KA91
£1,95002/250.48 mi-3
£67504/240.5 miArdayre Road, Prestwick, Ayrshire, KA92
£55004/240.54 miSmith Street, Prestwick, South Ayrshire, KA91
£82504/240.54 miSandfield Road, Prestwick, South Ayrshire, KA93
£1,20003/250.87 mi-3
£1,30004/241.01 mi149 Adamton Road South, Prestwick, KA9 2BJ3
£1,30006/241.01 mi149 Adamton Road South, Prestwick, KA9 2BJ3
£82506/241.04 miMain Street, KA93
£49504/241.1 miFarden Place, Prestwick, South Ayrshire, KA91
£59502/251.23 mi-2
£82505/241.36 miShilliaw Drive, Prestwick, Ayrshire, KA93
£1,20004/241.36 miPrestwick - Mcadam Court3
£60004/241.38 miObree Avenue, Prestwick, South Ayrshire, KA92
£69512/241.42 mi-2
£67502/241.46 mi-2
£47602/241.46 mi-2
£65004/241.52 miHeathfield Road, South Ayrshire, KA82
£55005/241.6 miLorien Court, Ayr, South Ayrshire, KA81
£55004/241.6 miLorien Court, Ayr, South Ayrshire, KA81
£49504/241.61 miPaterson Street, Ayr, KA81
£42509/231.62 mi-1
£72012/231.62 mi-2
£60005/241.63 miAYR - Maryfield Place2
£70009/241.69 mi-2
£42502/231.7 mi-1
£44012/231.72 mi-1
£50003/241.75 mi-1
£49505/241.77 miForge Road, Ayr, Ayrshire, KA81
£1,20006/241.9 miPrestwick Road, Ayr, South Ayrshire, KA83
£65007/231.9 mi-2
£69510/241.9 mi-2
£80009/231.96 mi-3
£52509/232.01 mi-1
£56004/242.11 mi17C West Sanquhar Rd Ayr KA8 9HP1

Local Area Statistics

Population in Prestwick

16,167

Town centre distance

0.60 miles away

Nearest school

0.20 miles away

Nearest train station

0.27 miles away

 

 

Rental growth (12m)

+40%

Sales demand

Seller's market

Capital growth (5yrs)

+34%

Property History

Listed for £249,950

-33%

October 9, 2023

Sold for £331,500

2006

Floor Plans

Description

No 7 The Crescent - A rare opportunity to acquire a substantial 6 Main Apartment Traditional Flat which forms the entire Ground Floor of a charming Detached Red Sandstone Villa, itself within most favoured horseshoe style crescent near to Prestwick Cross. Externally the property initially appears to be a pair of Semi Detached Villas however we understand from the owners that is it believed to have been originally built as separate ground & upper flats (perhaps more visually reminiscent of a upper & lower conversion) and remaining the same style today.

Access is by way of a private driveway to the left hand side, with private main door porch entrance. The side pathway also leads to a much valued private rear garden area which extends across the rear with internal access from the kitchen. Two useful attached outhouses provide useful external storage space. We understand the entire front garden area is wholly owned by the ground floor flat (exact details/boundaries to be confirmed from the title deeds).

Entering through the private porch, the main door opens onto a lengthy reception hall with on-the-level apartments comprising, a most appealing bay windowed lounge to the front with garden/crescent views,  a separate dining room to the side/rear which leads onto a modern style rear facing kitchen (door to garden), bedroom Nos 1 & 2 are located to the front whilst Nos 3 & 4 are located to the rear, with the bathroom situated midway off the reception hall.

The specification includes both gas central heating & double glazing. EPC - D. Private gardens are situated to the front & rear with the rear providing much valued private outdoor space. The private driveway provides off-crescent parking.

The property was purchased by its most recent owner as both their private home & to function as a guest house which it did so until the owner latterly retired from business and lived comfortably in this substantial yet very flexible home. The competitive price allows scope for the successful purchase to modernise to their own style/budget and the 6 Main Apartments are entirely flexible, perhaps serving as a family home or for a couple looking for space to relax/entertain and perhaps work from home.

Prestwick remains Ayrshire's "property hotspot", with its well established mixed main street shopping/restaurants/amenities, whilst the sweeping promenade/seafront is within walking distance or a short cycle/car journey. Traditional Style Homes remain in demand, of broad appeal and valued by local homebuyers whilst further afield this particular style of home tends to attract Glasgow based buyers who are seeking a change of lifestyle from city to seaside ...and a better work/life balance. Interestingly a similar size of traditional flat in Glasgow's West End will easily exceed £500,000 ...yet Prestwick provides that magical by-the-seaside location, with easy commuting to/from Glasgow. Homemovers relocating from South of the Border continue to seek out coastal locations/properties with the attraction of added "value for money" in relocating from south to north.

To discuss your interest in this particular property, please contact Graeme Lumsden, our Director/Valuer, who is handling this particular sale - blackhay.co.uk To enquire about Viewing please contact BLACK HAY ESTATE AGENTS - blackhay.co.uk

Agent Details

Black Hay Solicitors & Estate Agents, Ayrshire

01292 431413

Next Steps?

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