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See how verdicts work3-bedroom semi-detached house · KA20 3ER
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rarely does a property with this much history and potential come to the market.
Millhill Cottage is a converted mill house, believed to be one of the oldest buildings in Stevenston, offering characterful accommodation and a genuine opportunity for downsizers or buyers looking for a project to make their own.
The current owners have carried out significant conversion works, and the property now presents a wonderful canvas for a new owner to complete the finishing touches in their own style.
The accommodation includes three bedrooms, with two en-suites alongside the main bathroom, providing flexibility for family, guests, or multi-generational living.
The attic conversion offers further adaptable space, equally suited to storage, an additional bedroom, or a further lounge area.
To the rear, a summerhouse fitted with heating and a kitchenette makes an ideal home office or studio, perfect for those working from home.
A private parking area sits to the front of the property, and the land surrounding the building offers potential to extend, subject to the necessary consents.
For buyers searching for houses for sale in Stevenston with real character and scope to personalise, early viewing is highly recommended.
**The property is available to purchase individually, with the added opportunity for interested buyers to acquire both this property and Millhill House together.
This could present an appealing prospect for investors or those seeking a multi-generational living arrangement, subject to individual requirements.
EPC Rating: D Lounge/Diner 4.74m x 5.31m Bedroom 1 3.21m x 3.44m En-Suite 1.45m x 1.94m Bedroom 2 4.6m x 3.07m Bedroom 3 2.78m x 2.37m En-Suite 1.46m x 1.15m Bathroom 1.88m x 2.37m Attic Space 3.06m x 4.52m Summerhouse 2.5m x 4.44m
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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

FAQ
About Millhill Cottage, Stevenston, KA20 3ER
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