Auction-ready renovation with strong rental upside and double garage.
- Vacant three-bedroom detached bungalow with double garage
A vacant three-bedroom detached bungalow on a sizable plot in Saltcoats, offered for auction at a discounted guide price. The property is freehold and mid-20th century in style, set close to local shops, schools and transport links. Broadband speeds are reported as fast and there is no flooding risk.
Internally the layout is traditional: entrance vestibule, large living room with fireplace, separate dining room, kitchen, utility, three bedrooms (master with en suite) and a family bathroom. A large double garage/workshop and front and rear gardens add scope for practical improvement or conversion.
The house requires renovation throughout — cosmetic and likely modernisation works are needed to realise rental or resale value. Council tax is above average and the local area is described as very deprived, which affects resale comparability. The Home Report lists a valuation of £235,000 and nearby recent sales show higher prices, indicating potential uplift if works are completed.
This lot is aimed at buyers prepared to carry out refurbishment or to an investor seeking a rental income stream. Once renovated, achievable rents are estimated at £1,200–£1,300 pcm, offering strong gross yield at the quoted guide price, but renovation costs and local market conditions should be factored into purchase calculations.