Vacant stone cottage with strong rental potential and refurbishment upside.
Five-bedroom traditional stone end-terrace with attic potential
This vacant 5-bedroom end-of-terrace stone cottage on St John Street offers substantial scope for a buyer prepared to modernise. Set over two storeys with attic potential and a garage, the property retains traditional character in a quiet Creetown location close to local shops, cafés and schools.
The house is offered freehold and will be sold at auction, making it suitable for investors or owner-occupiers wanting a project with upside. Accommodation includes an entrance hallway, living room with fireplace, dining room, kitchen with pantry, five bedrooms, a bathroom and a modern shower room. Low to standard ceilings and modest room sizes reflect the building’s period style.
Significant positives include vacant possession, a garage, good mobile signal and proximity to amenities and transport. The property requires modernisation throughout — updates to finishes, heating, electrics and windows should be expected — which is reflected in the guide price and presents an opportunity to add value. Broadband speeds are average and the wider area is classified as very deprived, which may affect resale timing.
For investors, local rental evidence suggests achievable rents around £1,200–£1,300 pcm, giving potential gross yields of roughly 9–10% if purchased at the guide price. Comparable nearby sales indicate market activity, but buyers should inspect and budget for refurbishment costs. Auction sale terms apply and purchasers must be prepared to complete under those conditions.