Summary - Gigha Place, Irvine, KA11 KA11 1DF
2 bed 1 bath Terraced
Vacant freehold terraced home with garden and quick refurbishment potential for investors.
- Two bedrooms, one bathroom, approximately 883 sq ft
- Freehold tenure and sold vacant
- Spacious lounge and modern kitchen
- Fenced, paved rear garden; requires tidy-up work
- Broadband fast and mobile signal excellent
- Located in a very deprived area with many rented terraces
- Buyers Premium applies on completion
- Likely to appeal to investors and developers
Set at £70,000 this vacant, freehold two-bedroom terraced house offers straightforward investment or refurbishment potential. The property comprises a spacious lounge, modern kitchen and a single bathroom across approximately 883 sq ft, with a fenced, paved back garden that is low-maintenance but requires tidy-up work. Broadband speeds are reported as fast and mobile signal is excellent, supporting rental appeal for modern tenants.
Positioned in a hard-pressed area with high deprivation indicators and a predominance of rented terraces, the location is likely to attract interest from serious investors and developers seeking value-acquisition opportunities rather than owner-occupiers prioritising neighbourhood amenities. The property is presented vacant, simplifying re-letting or redevelopment, but buyers should budget for cosmetic works to the garden and typical maintenance updates inside.
This is a pragmatic, value-led proposition: good flat layout, usable outdoor space and essential connectivity, sold with a Buyers Premium applicable on sale. For investors the combination of low purchase price, freehold tenure and vacant possession supports short-term refurbishment and letting or medium-term asset repositioning. For first-time buyers considering this as a home, note the area’s socioeconomic challenges and factor potential resale considerations into your plans.
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