Summary - FLAT 5, 20, VENNEL STREET KA24 4AF
1 bed 1 bath Flat
Low‑cost auction lot with solid rental prospects after refurbishment.
Home Report valuation £35,000
A one-bedroom flat in a Victorian townhouse offering strong yield potential for an investor prepared to renovate. The home report values the property at £35,000 and the current guide/price indicates a low entry point, making it suitable for buyers seeking capital growth in Dalry.
The layout includes an entrance hallway, large living room, one spacious bedroom, kitchen and bathroom. The building is traditional stone and benefits from good mobile signal and fast broadband — useful for tenants. There is no flooding risk and council tax is described as very cheap.
Material drawbacks are clear and factual: the flat needs renovation, with evidence of mould and damp in the living room and some decorative and fixture repairs required. The area is classified as very deprived locally, which can affect tenant quality and long‑term resale timing. The lot is being sold at auction and will require readiness to bid and complete to the auction timetable.
For a hands‑on investor: expected rental range is approximately £450–£500 pcm (c. £5,400–£6,000 pa) giving attractive gross yield potential from a low purchase price, after refurbishment. Buyers should factor refurbishment costs and the impact of local area conditions when assessing projected returns.
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