Park Road, Ardrossan KA22 1 bed apartment for sale

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Park Road, Ardrossan KA22 1 bed apartment for sale

12D Park Road, Ardrossan, G5 0DZ
£25,000

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 desirable location in Ardrossan, Scotland. The property requires renovation to unlock its full potential, making it an attractive opportunity for investors seeking an affordable property with excellent capital growth prospects. With a potential rental income of £450-£550 per month, it could generate a rental yield of 20-22% per annum. The property is being offered at a discount to ensure a sale, and its location in Ardrossan offers a range of local amenities and transport links. The area has seen recent sales of similar properties, including a flat that sold for £75,000 in 2023, providing strong sales evidence. The property will feature in an upcoming timed online auction, offering investors the chance to purchase at a fantastic price.