Initial price	£50,000
05/04/24	£47,500
25/04/24	£52,000
25/05/24	£47,000
27/06/24	£45,000
09/07/24	£48,000
Price Change	-4.00%

This property, located in Lochgilphead, Argyll, is a fantastic refurbishment opportunity with a Home Report valuation of £60,000. The property requires full renovation and has potential to be turned into a 3-bedroom home, which could add significant value. With a guide price of £50,000, it presents a brilliant BRRR (Buy, Rehab, Rent, Refinance) opportunity for investors. The property is situated in a quiet area surrounded by woodland, with amenities close by, including schools, shops, and restaurants. With a potential monthly rental income of £750-£850, it offers an excellent gross yearly income of £9,000-£10,200. The property is also located near a hospital and joint campus school, making it an attractive option for families. With local sales evidence showing strong demand, this property is sure to appeal to investors looking for a rare auction opportunity with great potential for capital growth.