Morar Place, Irvine

Scotland

£40,000

Listed on 11/06/2026

Property Details

Bedrooms

Type

Terraced House

Description

This three-bedroom terraced property presents a compelling opportunity for renovation and investment. Positioned within a chain-free sale, it stands as a blank canvas, ready for updates and modernization to unlock its full potential. The layout includes a lounge, dining room, and kitchen on the ground floor, with three well-proportioned bedrooms and a bathroom upstairs. Although the property requires refurbishment throughout, this offers the perfect chance for buyers to customize the space according to their preferences or to enhance its appeal in the rental market. With appropriate renovations, there is significant potential for value appreciation in this area.

Investment Analysis

(KA12 area)

Area Average

£129/sq ft

Renovation Potential

Medium Refurb

Est. Renovation Cost

£20,000 - £35,000

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

108%

Properties sold annually

Local Market Trend (KA12)

Area prices are rising by +5.2% over the last 12 months

3 year growth: +11.0%

5 year growth: +29.4%

Investment Disclaimer: Analysis based on KA12 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

Morar Place, Irvine

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Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments

£151

Based on a loan of £30,000 over 30 years at 4.45% 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.