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Park Road, Ardrossan KA22 1 bed apartment for sale
12D Park Road, Ardrossan, G5 0DZ
£20,000
12D Park Road, Ardrossan, G5 0DZ
£20,000
Our Summary
- The property will require a degree of renovation to unleash its full potential, making it an attractive opportunity for investors seeking an affordable property with excellent capital growth prospects
- 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
- The property will require a degree of renovation to unleash its full potential, making it an attractive opportunity for investors seeking an affordable property with excellent capital growth prospect
Description
This vacant one-bedroom flat in Ardrossan is a prime new listing that offers a fantastic opportunity for investors. The property requires renovation to unleash its full potential, but once completed, it could achieve a rental income of £450-£550 per month, generating a rental yield of 20-22% per annum. The property is being sold as part of a portfolio sale, and the seller may consider selling as an individual unit. With excellent sales evidence in the area, including recent sales of similar properties for £75,000, £58,000, and £65,000, this property is being offered at a fantastic discount to ensure a sale. The location is desirable, with transport links and local amenities, making it a great opportunity for savvy investors looking for a straightforward purchase with excellent upside potential.