>
1 bedroom flat for sale
0/D, 28 Kyle Street, Ayr, KA7 1RZ
£20,000
0/D, 28 Kyle Street, Ayr, KA7 1RZ
£20,000
Our Summary
- Sure to appeal to shrewd buy to let investors looking for a great investment opportunity
- 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
- Location: Ayr, situated along the picturesque coastline of South Ayrshire, presents an appealing investment opportunity with its strategic location and rich cultural heritage
Description
This is a tenanted, turnkey investment property located in a popular residential area of South Ayrshire, guide price £35,000. The 1-bedroom flat is currently generating £370 per month (£4,440 per annum), offering a gross yield of 12.69% if achieved for the current guide price. The property is being sold as part of a portfolio and has a spacious living room/kitchen, one bedroom, and a WC. It benefits from immediate cash flow from day one and ample storage throughout. The area offers great access to motorways, local amenities, schools, and sports facilities, making it an excellent investment opportunity for shrewd buy-to-let investors. The property has a strong sales evidence, with similar properties in the area selling for £85,000, £112,000, and £105,000.