Park Road, Ardrossan KA22 1 bed apartment for sale

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Park Road, Ardrossan KA22 1 bed apartment for sale

8D Park Road, Ardrossan, KA22 8JR
£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 prime new listing is a vacant one-bedroom flat located in a prime location in Ardrossan, Scotland. The property requires renovation to unleash its full potential, but once done, it could generate a rental income of £450-£550 per month, yielding 20-22% per annum. The area has seen recent sales of similar properties, with prices ranging from £58,000 to £75,000. The seller may consider selling the property as an individual unit as part of a portfolio sale, making it an attractive opportunity for savvy investors seeking a straightforward purchase with excellent upside potential. The property is being offered at a fantastic discount to ensure a sale, and it will feature in an upcoming timed online auction.