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15 Drumelzier Court, Irvine, KA11 1LN

Scotland

£75,000
Listed on 15/11/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This vacant four-bedroom detached property presents a noteworthy opportunity for renovation and investment. Set in a desirable area of Irvine, this home offers the potential for significant value enhancement through thoughtful updates and improvements. The layout includes four spacious bedrooms, a living room, a kitchen area, and ample storage, all complemented by an outdoor garden space. While the property currently requires refurbishment, its generous footprint allows for various design possibilities that could cater to modern tastes and preferences. Situated close to numerous local amenities, including shops, schools, and recreational facilities, the location enhances its appeal for both families and future tenants. The proximity to essential services ensures convenience for residents while also increasing potential rental demand once renovations are completed. Based on comparable properties in the area, this home could yield between £900 to £1,000 per month in rent after updates—offering investors a solid gross yield. The surrounding neighborhood has shown strong sales activity recently, with similar properties achieving notable prices—such as 1 Annickbank Place at £275,000 and 18 Maxwell Green at £215,000—indicating robust market conditions that can support further investment. This property is being offered at an attractive price point designed to facilitate a quick sale. With its inherent potential for appreciation post-renovation combined with the favorable local market dynamics, it stands as an excellent option for savvy buyers looking to make their mark in Irvine.

Investment Analysis

(KA11 area)
Area Average
£174/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
86%
Properties sold annually

Local Market Trend (KA11)

Area prices are rising by +6.5% over the last 12 months
3 year growth: 18.9%
5 year growth: 16.5%
Investment Disclaimer: Analysis based on KA11 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.

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Location

15 Drumelzier Court, Irvine, KA11 1LN
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