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Park Road, Ayrshire KA22 1 bed flat for sale
12A Park Road, Ardrossan, KA22 8JR
£15,000
12A Park Road, Ardrossan, KA22 8JR
£15,000
Our Summary
- Excellent potential for High yielding investment
- * 1C Hill Place, Ardrossan, Ayrshire, KA22 8HA sold for £55,000 December 2022, 47 Flat B, Montgomerie Street, Ardrossan, Ayshire, KA22 8HP sold for £61,500 March 2021 *Property will require a degree of renovation prior to habitation
- Property will require a degree of renovation prior to habitation
- Priced for Auction sale with a Guide Price of £30,000
- 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
Description
This 1-bedroom flat is a prime buy-to-let opportunity in a popular location, offering excellent potential for high-yielding investment. The property requires renovation, but once completed, it's expected to attract a rental income of £375-£425 per month, generating a gross annual rent of £4,500-£5,100. This would provide a gross rental yield of 15-17% if sold at the guide price of £30,000. The property is situated in a convenient location, close to local amenities, supermarkets, leisure facilities, and doctors/dental surgeries, as well as the Ardrossan ferry terminal. With a guide price of £30,000, this property is priced to sell and is open to immediate offers.