Initial price	£45,000
03/02/25	£39,000
Price Change	-13.33%

This property is a rare opportunity for investors and builders to purchase a self-contained mid-terrace house in a prime location in Stranraer, Scotland. The property consists of three studio flats, each with a hallway entry, open-plan studio room, and bathroom. The flats have previously been rented at a combined annual total of £8100, generating an incredible annual gross yield of 18% if secured at the guide price. The property requires light renovation and is being offered at a discount to ensure an auction sale. With no planning permission in place, all planning enquiries must be made to the relevant local council. The property is located in a coastal town with a strong tourism industry, and its proximity to the Irish Sea and A75 Euro Route makes it an attractive choice for investors seeking opportunities in a revitalizing and strategically positioned town.