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23 West Main Street, Darvel, KA17 0DX

Guide Price

£28,000

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Guide Price

£28,000

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Flat

Residential

Vacant

23 West Main Street, Darvel, KA17 0DX

1

bed

1

bath

1

reception

Council tax: A

freehold

Rare Residential Opportunity

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Description

  • PRIME NEW LISTING. We are excited to present this vacant 1 bedroom flat located within a prime location in Darvel.

  • **31 West Main Street, Darvel, KA17 0DX sold for £76,500 in Feb 23; 6 Mclauchlan Court, Darvel, KA17 0HH sold for £74,000 in Oct 2024**

  • An excellent serviced accommodation opportunity. With 1 Bed rates in the area starting from £25 per night, subject to planning, and at 70% occupancy, the potential income could reach £532 per month (£6387 per annum) — delivering an impressive 22.8% gross yield at the guide price.

  • A promising BRRR (Buy, Refurbish, Rent, Refinance) opportunity, this property is sure to appeal to astute builders, investors, or developers looking for a rare project with significant capital growth potential.

  • Situated in a prime area, this flat benefits from proximity to an array of local amenities, enhancing its desirability and offering residents unparalleled convenience and accessibility.

PRIME NEW LISTING. We are excited to present this vacant 1 bedroom flat located within a prime location in Darvel.

The property comprises a welcoming hallway entry, spacious living room space, a very spacious bedroom, and a well-appointed toilet.

This property offers an excellent serviced accommodation opportunity. With 1 bed rates in the area starting from £25 per night, subject to planning, and at 70% occupancy, the potential income could reach £532 per month (£6387 per annum) — delivering an impressive 22.8% gross yield at the guide price.

A promising BRRR (Buy, Refurbish, Rent, Refinance) opportunity, this property is sure to appeal to astute builders, investors, or developers looking for a rare project with significant capital growth potential.

Situated in a prime area, this flat benefits from proximity to an array of local amenities, enhancing its desirability and offering residents unparalleled convenience and accessibility.

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:

**31 West Main Street, Darvel, KA17 0DX sold for £76,500 in Feb 23; 6 Mclauchlan Court, Darvel, KA17 0HH sold for £74,000 in Oct 2024**

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 in East Ayrshire, Scotland, known for its rich history and vibrant community. Nestled amidst stunning landscapes, Darvel offers easy access to local shops, cafes, and amenities, making it an ideal spot for residents seeking both convenience and a peaceful living environment.

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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.