High-yield renovation opportunity close to amenities and transport.
- Three bedrooms with one shower room, medium-size living spaces
- Freehold semi-detached with private garden and outhouse
- Needs renovation and cosmetic modernisation throughout
- Will be sold at auction — sale subject to auction conditions
- Rental estimate £800–£900pcm; serviced‑let scenario requires permissions
- Fast broadband and excellent mobile signal; low council tax
- Located in a very deprived area; tenant demand may be mixed
- Home Report referenced (£100,000); verify figures before bidding
This three-bedroom semi-detached house in Stranraer is offered freehold and being sold at auction, presenting a clear value play for investors or buyers ready to renovate. The property is currently vacant with a private garden and outhouse, a single shower room, and a conventional mid‑20th century construction that will benefit from cosmetic and systems updating.
Projected rental figures provided suggest potential income of £800–£900pcm (annual £9,600–£10,800), producing an approximate 11–13% yield at the guide/price level. An alternative serviced‑accommodation scenario is modelled at £160 per night and 70% occupancy, but that would require appropriate permissions and realistic occupancy management costs to be viable.
Key positives include fast broadband, excellent mobile signal, low council tax, and a location close to local amenities and transport. Material negatives: the property is listed as needing renovation, will be sold at auction (sale subject to auction terms), and sits in a very deprived area — factors that affect mortgageability, timing and tenant mix.
This is a straightforward acquisition for an investor or a buyer prepared to carry improvement works to add value. Buyers should factor in renovation costs, check the Home Report figure, confirm planning or licensing for short‑term lets, and allow time for auction completion procedures.