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3 Reids Avenue, Stevenston, KA20 4BB

£39,000

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Flat

Residential

3 Reids Avenue, Stevenston, KA20 4BB

2

bed

1

bath

1

reception

Council tax: A

Rare Tenanted Opportunity

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Description

  • PRIME NEW LISTING. We are excited to present this tenanted 2-bedroom flat located within a prime location in Stevenston, Ayrshire. Home Report £55,000

  • **5, Lochlie Place, Stevenston KA20 4EY sold for £90,000, 26, Hayocks Road, Stevenston KA20 4DG sold for £74,000, 113, New Street, Stevenston KA20 3HD sold for £77,000.**

  • This property currently achieves a rental income of £370 per month, totalling £4,440 per annum, offering a fantastic 12% gross yield if purchased at the guide price—an excellent turnkey investment.

  • Located in a prime buy-to-let area, the flat boasts excellent local amenities and transport links, making it an ideal choice for investors seeking a secure, cash-producing asset from day one.

  • A remarkable opportunity for shrewd investors or young professionals looking for an affordable, tenanted property. Enjoy immediate rental income with significant potential for capital and rental growth.

PRIME NEW LISTING. We are excited to present this tenanted 2-bedroom flat located within a prime location in Stevenston, Ayrshire. Home Report £55,000

The property comprises an inviting entrance hallway, a comfortable lounge, a well-equipped kitchen, shower room, and two spacious bedrooms.

This property currently achieves a rental income of £370 per month, totalling £4,440 per annum, offering a fantastic 12% gross yield if purchased at the guide price—an excellent turnkey investment.

Located in a prime buy-to-let area, the flat boasts excellent local amenities and transport links, making it an ideal choice for investors seeking a secure, cash-producing asset from day one.

A remarkable opportunity for shrewd investors or young professionals looking for an affordable, tenanted property. Enjoy immediate rental income with significant potential for capital and rental growth.

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:**5, Lochlie Place, Stevenston KA20 4EY sold for £90,000, 26, Hayocks Road, Stevenston KA20 4DG sold for £74,000, 113, New Street, Stevenston KA20 3HD sold for £77,000.**

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

Stevenston, in Ayrshire, is a charming coastal town offering a range of amenities, including shops, schools, and recreational facilities. With excellent transport links, it provides easy access to surrounding areas, making it a desirable location for both residents and investors.

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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.