18 Piedmont Road, Girvan, KA26 0DR

Description

• PRIME NEW LISTING. We are excited to present this vacant one-bedroom mid-terrace bungalow located within a prime location in Girvan.

• **26 Piedmont Road, Girvan KA26 0DR sold for £96,000. 16 Piedmont Road, Girvan KA26 0DR sold for £90,000. 8 Piedmont Road, Girvan KA26 0DR sold for £90,000.**

• This property presents a lucrative opportunity, with the potential to achieve between £630 and £680 per month in rental income. At this rate, estimated at £7,560 to £8,160 per annum, buyers could enjoy an impressive yield of 17% to 18% if purchased at the guide price.

• Ideal for ambitious investors, this property is a fantastic chance to employ the BRRR strategy, offering significant capital and rental growth potential. It also provides a great opportunity for young professionals or students eager to step onto the property ladder.

• Upon renovation, this property could serve as a serviced accommodation unit, capable of achieving £120 per night based on local comparables. This could generate an outstanding £30,660 annually at a 70% occupancy rate, subject to obtaining necessary information and licensing.

PRIME NEW LISTING. We are excited to present this vacant one-bedroom mid-terrace bungalow located within a prime location in Girvan.

The property comprises a welcoming entrance vestibule, a spacious hall, a versatile bed-sitting room, a well-equipped kitchen, and a modern shower room.

This property presents a lucrative opportunity, with the potential to achieve between £630 and £680 per month in rental income. At this rate, estimated at £7,560 to £8,160 per annum, buyers could enjoy an impressive yield of 17% to 18% if purchased at the guide price.

Ideal for ambitious investors, this property is a fantastic chance to employ the BRRR strategy, offering significant capital and rental growth potential. It also provides a great opportunity for young professionals or students eager to step onto the property ladder.

Upon renovation, this property could serve as a serviced accommodation unit, capable of achieving £120 per night based on local comparables. This could generate an outstanding £30,660 annually at a 70% occupancy rate, subject to obtaining necessary information and licensing.

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

Excellent sales evidence in the area:

**26 Piedmont Road, Girvan KA26 0DR sold for £96,000. 16 Piedmont Road, Girvan KA26 0DR sold for £90,000. 8 Piedmont Road, Girvan KA26 0DR sold for £90,000.**

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

Girvan is a charming coastal town located in South Ayrshire, Scotland. Known for its stunning beaches and picturesque coastline, Girvan offers a serene lifestyle with excellent local amenities. The town is well-connected to transportation links, making it a desirable location for both residents and investors.

Map

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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.