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12C Park Road, Ardrossan, KA22 8JR

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12C Park Road, Ardrossan, KA22 8JR

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£18,000

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£18,000

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Flat

Residential

Vacant

12C Park Road, Ardrossan, KA22 8JR

1

bed

bath

1

reception

Council tax: A

freehold

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Residential Refurbishment Opportunity

Description

  • Prime Property Auctions New Entry. Good sized 1 bedroom flat located in popular buy to let location. Excellent potential for High yielding investment. OFFERED UNDER ADS THRESHOLD
  • 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 to unleash its true potential. Sure to appeal to investors looking for an affordable property that has great capital growth potential.
  • Once property has been renovated it would attract a rental of £375 - £425 per calendar month, generating a gross annual rent of £4,500 - £5,100.
  • Close to a range of local amenities, supermarkets, leisure facilities, doctors / dental surgeries all of which are within comfortable walking distance.
Prime Property Auctions New Entry. Good sized 1 bedroom flat located in popular buy to let location. Excellent potential for High yielding investment. Property comprises:Entrance hallway, Living room with kitchen, Double bedroom and Shower room. Property will require a degree of renovation prior to unleash its true potential. Sure to appeal to investors looking for an affordable property that has great capital growth potential. Priced for Auction sale with a Guide Price of £35,000. Once property has been renovated it would attract a rental of £375 - £425 per calendar month, generating a gross annual rent of £4,500 - £5,100. This would provide a gross rental yield of 13%-14.5% if achieved at Guide price of £35,000. 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 is offered as part of a portfolio sale, but seller will consider selling as an individual unit. This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” 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

Park Road is close to  a range of local amenities, supermarkets, leisure facilities, doctors / dental surgeries all of which are within comfortable walking distance. Ardrossan ferry terminal with direct sailings to the isles of Arran and Campbeltown is also a short stroll from the property. [removed][removed] [removed][removed]

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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.