Auction-priced three-bed with garden and strong rental income potential..
Freehold three-bedroom terraced house with rear garden
Set on Newpark Road in Stirling, this three-bedroom terraced house is offered for auction at a guide price of £115,000. The property is freehold with a rear garden, open-plan kitchen and a large living space. It presents as a straightforward let or renovation project, with fast broadband and excellent mobile signal supporting lettability or serviced accommodation conversion (subject to licensing and consents).
This lot will particularly suit buy-to-let investors seeking a high gross yield if the projected rent of £1,100–£1,200pcm is achieved. The local sales evidence shows demand in the area; with a low purchase price and rental income at the stated level, the property can produce strong short-term cash returns if managed and marketed well.
The house is in a hard-pressed, very deprived local area and will be sold at auction, which brings faster completion timelines and fewer traditional sale protections. The interior has modernization potential and will need some updating to reach market-standard rental or holiday-let condition. Buyers should budget for typical refurbishment works and confirm any licensing or consent requirements before changing use.
Practical positives include a private yard, three bedrooms, cheap council tax and good connectivity. Material considerations are the auction sale process, the surrounding area’s deprivation level, and likely refurbishment costs to unlock maximum rental or capital value. Viewing and pre-auction inspections are recommended so buyers can assess condition and costs accurately.
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