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Glebe Road, Beith KA15

Scotland

£180,000
Listed on 19/03/2024

Property Details

Bedrooms
3
Type
Property With Land
Area
882 sqft

Description

This large plot of land offers a unique investment opportunity in the desirable Glebe Road area of Beith, KA15. With planning permission already secured for the construction of 5 five-bedroom detached villas and 4 three-bedroom detached villas, this site is well-positioned for a lucrative development project. The flexible plans may also allow for alterations to suit the future owner's vision, providing significant potential for customization. Situated in the picturesque Garnock Valley in North Ayrshire, Beith combines a peaceful atmosphere with easy access to urban conveniences. Just a short drive from Glasgow—approximately 35 minutes—residents can enjoy the tranquility of town life while remaining close to city amenities. The locality boasts excellent schools, making it ideal for families, and is complemented by an array of shops that cater to everyday needs. For those who enjoy outdoor spaces, local parks offer serene environments for relaxation and recreational activities. Additionally, there are numerous bars and restaurants nearby, enhancing the community's vibrant lifestyle. This development not only represents a strategic investment but also provides an attractive prospect for future homeowners. The project's completion is sure to draw considerable interest in this thriving area. This is a prime opportunity for savvy investors looking to create a distinctive collection of homes.

Investment Analysis

(KA15 area)

Above Market Value

This property is priced +23.0% above area average per sq ft

+23.0%
This Property
£204/sq ft
Area Average
£166/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£400,000 - £600,000
Target Value
£161,005
10% above area average per sq ft
Potential ROI
-79.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
200%
Properties sold annually

Local Market Trend (KA15)

Area prices are falling by -3.9% over the last 12 months
3 year growth: -15.3%
5 year growth: +33.7%
Investment Disclaimer: Analysis based on KA15 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Glebe Road, Beith KA15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£649
Based on a loan of £135,000 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Price History

-28.0% since listed
£180,000£10,000(-5.3%)
13/08/2025
Current price
£190,000£60,000(-24.0%)
04/07/2025
£250,000Initial listing
19/03/2024

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