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Guide Price

£17,000

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117D West Main Street, Darvel, KA17 0HA

Residential

flat

Vacant

1

bed

1

bath

1

reception

Tax band: A

Freehold

Vacant residential flat

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Description

  • PRIME NEW LISTING. We are excited to present this vacant one-bedroom flat located within a prime location in Darvel.

  • **17 West Edith Street, Darvel KA17 0EE sold for £55,000 in 2023; 18 West Edith Street, Darvel KA17 0EE sold for £52,000 in 2023; Armour Terrace, West Donington Street, Darvel KA17 0AP sold for £53,000 in 2023.**

  • This property presents a remarkable investment opportunity with its potential to achieve a rental income of £450-£500 per calendar month, equating to £5400-£6000 per annum, offering an impressive 35% gross yield if purchased at the guide price.

  • An ideal project for a shrewd investor, this vacant flat offers the perfect chance to add value and reap substantial rewards. It's a great prospect for a property flip, making it an attractive choice for those looking to make sound financial returns.

  • Located in a desirable area, this property provides an excellent chance for first-time buyers or investors looking to get onto the property ladder with an advantageous discount on offer.

PRIME NEW LISTING. We are excited to present this vacant one-bedroom flat located within a prime location in Darvel.

The property comprises an inviting entrance, leading into a bright hallway, a well-equipped kitchen, a modern bathroom, a spacious bedroom, and a cosy living room. Ample storage is available throughout the flat.

This property presents a remarkable investment opportunity with its potential to achieve a rental income of £450-£500 per calendar month, equating to £5400-£6000 per annum, offering an impressive 35% gross yield if purchased at the guide price.

An ideal project for a shrewd investor, this vacant flat offers the perfect chance to add value and reap substantial rewards. It's a great prospect for a property flip, making it an attractive choice for those looking to make sound financial returns.

Located in a desirable area, this property provides an excellent chance for first-time buyers or investors looking to get onto the property ladder with an advantageous discount on offer.

The property is being offered at a fantastic discount to ensure a sale. It should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**17 West Edith Street, Darvel KA17 0EE sold for £55,000 in 2023; 18 West Edith Street, Darvel KA17 0EE sold for £52,000 in 2023; Armour Terrace, West Donington Street, Darvel KA17 0AP sold for £53,000 in 2023.**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

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.

For further details on how to have a bidding account created, please contact the team.

Location

Darvel is a charming town nestled in the heart of East Ayrshire, Scotland, offering a welcoming community atmosphere. Known for its picturesque landscapes, Darvel boasts beautiful surroundings while providing convenient access to amenities and transport links, making it an ideal spot for both residents and investors.

Map

Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£11,000

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.