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17 McGregor Avenue, Stevenston, KA20 4BA

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£29,000

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17 McGregor Avenue, Stevenston, KA20 4BA

Residential

flat

Occupied

1

bed

1

bath

1

reception

Tax band: A

Freehold

Tenanted Residential Property

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Deadline for offers

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Description

  • Prime Property Auctions New Entry. Tenanted 1 Bedroom flat located in the popular buy to let location in Ayshire. OPEN TO OFFERS
  • 49 McGregor Avenue, Stevenston, KA20 4BA sold for £55,000 October 2023, 87 McGregor Avenue, Stevenston, KA20 4BA sold for £75,000 2021
  • Property is currently tenanted at £425 per calendar month providing an annual income of £5,100, giving a gross yield of 14.2% at Guide of £36,000.
  • Property has a potential rental of £475 - £550 pcm. This would provide a gross annual income £5,700 - £6,600.
  • Property is sure to appeal to buy to let investor looking for an affordable investment providing great return. Property is located close to the supermarket and retail park, with excellent road and transport links.
Prime Property Auctions New Entry. Tenanted 1 Bedroom flat located in the popular buy to let location in Ayshire. OPEN TO OFFERS . Property comprises:Entrance stairway, Living room, double bedroom, Kitchen and Bathroom. Lounge:4.20 x 4.20 m, Kitchen:2.90 x 2.90 m Bedroom:3.80 x 3.30 m, Shower Room:1.80 x 1.40 m. Property is currently tenanted at £425 per calendar month providing an annual income of £5,100, giving a gross yield of 14.2% at Guide of £36,000. Property has a potential rental of £475 - £550 pcm. This would provide a gross annual income £5,700 - £6,600. Should the rent be increased to market rate it would provide a gross yield of 15.8% - 18.3% if achieved for Guide. Local sales: 49 McGregor Avenue, Stevenston, KA20 4BA sold for £55,000 October 2023, 87 McGregor Avenue, Stevenston, KA20 4BA sold for £75,000 2021 Property is sure to appeal to buy to let investor looking for an affordable investment providing great return. Property is located close to the supermarket and retail park, with excellent road and transport links. Excellent BRRR Opportunity. Sure to appeal to investors looking for an easy lettable flat in a sought after location with great potential for Capital Growth. The local areas seen some great sales recently showing that there is strong demand. Property has a Guide price of £36,000 and is sure to appeal to investors. IMMEDIATE CASH PRODUCING INVESTMENT High yielding investment property. Currently giving a gross yield of 14.2%. 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

Stevenston town centre is just a minutes walk away and is host to a number of local amenities, doctors and dental surgeries and frequent transport links to Ayr, Largs and Glasgow. Stevenston is a town and parish in North Ayrshire, Scotland. Along with Ardrossan and Saltcoats it is one of the "Three Towns", all of similar size, on the Firth of Clyde coast; the easternmost parts of Stevenston are about 1⁄2 mile from western parts of Kilwinning, the A78 trunk road runs between the settlements.

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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

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