This unique 3-bedroom property in Dumfries presents an excellent opportunity for renovation and investment. With its prime location just two minutes away from Dumfries Train Station and near the Town Centre, it is ideally suited for both investors and owner-occupiers wanting to add personal touches to their new home. The property features a spacious layout with an entrance hallway, living room, kitchen, bathroom, WC, and three large double bedrooms. A significant highlight is the large garden at the rear, providing potential for outdoor enhancements.
With robust rental prospects post-renovation, estimated monthly rents could reach between £850 and £1,000, yielding up to £12,000 annually. Furthermore, if utilized as serviced accommodation, it could achieve approximately £130 per night given a favorable occupancy rate of 70%, potentially generating annual revenues around £32,760.
This property is offered at auction with considerable upside potential for savvy buyers looking to execute a BRR strategy or a straightforward flip. Comparable sales in the area further support the value increase possibilities. Seize this chance to invest in a versatile property with ample room to enhance value.
