5-bed house + 4 × 1-bed flat · KA20 3HX
For saleListed 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome Homes is delighted to present this substantial property, combining a five bedroom house with a one bedroom self-contained flat, situated in a quiet location close to the train station, duck pond and driving range.
Offering extensive and versatile accommodation, the property presents an exciting opportunity for buyers seeking a renovation project with scope to create a home tailored to their needs.
The separate flat adds particular appeal for extended families or those looking to accommodate a relative while retaining independent living space.
The main house occupies the left-hand side of the ground floor, where the accommodation comprises an entrance hallway, living room, kitchen, separate utility room and bathroom.
Upstairs, five bedrooms are served by a further bathroom, with walk-in wardrobe and storage areas providing useful additional space.
Situated entirely on the right-hand side of the central close on the ground floor, the self-contained flat comprises a living room, kitchen, bedroom and bathroom.
This arrangement offers flexibility for households seeking both shared family life and independence. Space heating within the main property is provided by a gas fired system of radiators throughout.
The system is fired by the “navien” boiler which is located within the inner close. There is a hot water storage cylinder located within the kitchen and attic space.
Space heating within the flat is provided by electric night stores. Hot water is via an electric immersion heater which is fixed to a hot water storage cylinder located within the shower room.
Outside, the generous rear garden provides excellent scope to create an attractive outdoor setting, with space for seating, planting and family recreation.
The property requires modernisation and upgrading throughout, offering purchasers the opportunity to make the most of its substantial accommodation and adaptable layout.
Alongside its potential as a large family home with separate flat, the property offers scope to explore conversion into 4 one bedroom flats, subject to obtaining the necessary planning permissions.
This adds interest for developers and investors seeking a renovation opportunity. Viewing is recommended to appreciate the layout, scale and possibilities this property offers.
Dimensions main house:- Living Room: 3.96 x 3.64 m Kitchen 4.74 x 3.80 m Utility: 2.08 x 2.08 m Shower Room: 1.45 x 1.35 m Bedroom 1: 4.74 x 3.80 m Wardrobe: 2.08 x 2.08 m Bedroom 2: 4.33 x 3.34 m Bedroom 3: 3.98 x 2.86 m Bedroom 4: 3.98 x 3.68 m Bedroom 5: 3.88 x 3.80 m Wardrobe: 2.80 x 2.03 m Bathroom: 1.95 x 1.86 m dimensions flat:- Living Room: 4.77 x 3.80 m Kitchen 2.80 x 2.03 m Bedroom: 3.96 x 3.68 m Shower Room: 1.86 x 1.84 m
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 18, Burnbank Street, Stevenston
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