1-bedroom flat · DG9 7RL
Listing removedReduced £6k (−24%) on 20 JunListed 282 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Prime new listing. We are excited to present this vacant 1-bedroom flat located within a prime location in Stranraer.
**36 George Street, Stranraer DG9 7RL sold for £50,000 in March 2021, and 12 Millhill Street, Stranraer DG9 7AE sold for £42,500 in September 2024** This property in the highly sought-after area offers impressive rental potential, generating approximately £350-£400 pcm (£4,200-£4,800 pa).
Acquiring this flat at the guide price delivers a remarkable gross return of 16.8% - 19.2%, making it a standout investment.
The property requires modernisation, guided attractively to ensure a prompt sale while remaining under the Additional Dwelling Supplement (ads) threshold.
This represents an excellent opportunity for those seeking value and growth.
An enticing option for shrewd investors, this flat promises high yields and easy lettability in a desirable location, perfect for expanding your portfolio. Prime new listing.
We are excited to present this vacant 1-bedroom flat located within a prime location in Stranraer.
The property comprises a bright and spacious living room, a well-equipped kitchen, a cosy bedroom, and a modern WC.
This property in the highly sought-after area offers impressive rental potential, generating approximately £350-£400 pcm (£4,200-£4,800 pa).
Acquiring this flat at the guide price delivers a remarkable gross return of 16.8% - 19.2%, making it a standout investment.
The property requires modernisation, guided attractively to ensure a prompt sale while remaining under the Additional Dwelling Supplement (ads) threshold.
This represents an excellent opportunity for those seeking value and growth.
An enticing option for shrewd investors, this flat promises high yields and easy lettability in a desirable location, perfect for expanding your portfolio.
The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.
Excellent sales evidence in the area: **36 George Street, Stranraer DG9 7RL sold for £50,000 in March 2021, and 12 Millhill Street, Stranraer DG9 7AE sold for £42,500 in September 2024** This lot is open to immediate offers.
Should you wish to offer now, you can do so via our “Offer now” button on our website. This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.
For further details on how to have a bidding account created, please contact the team.
Location Stranraer is a picturesque town located in southwest Scotland, known for its beautiful coastal views and friendly community.
It serves as a gateway to the stunning landscapes of the Rhins of Galloway and offers a range of local amenities, making it an attractive area for both living and investment.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
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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 starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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 32, George Street, Stranraer
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