£22,000 Opening Bid

14 Flat F, Lade Street, Largs, KA30 8AZ

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Type

Ownership

Occupation

Bedrooms

1

Council Tax

Band: C

Available documents

Home Report
Rare Attractive Residential Investment Opportunity

Details

Property Summary

Prime Property Auctions is excited to present this Large 1 bedroom property, situated within a prime location in Largs - ***HOME REPORT £30,000***

  • ***1, Lindon Aisle, Lade Street, Largs, Ayrshire, KA30 8AZ Previously sold for £105,000. 7, Flat 4, Lade Street, Largs, Ayrshire, KA30 8AZ Previously sold for £90,600. 10, Gallowgate Lane, Largs, Ayr, KA30 8BE Previously sold for £121,000***

  • For rental purposes, the property has previously been tenanted at £395 p/m ( £4,740 p/a), this would provide an exceptional 19% gross yield based on a guide price of £22,000. Property would command a monthly rental of £475 – £575 per calendar month. This would provide an annual rental of £5,700 - £6,900. - ***POTENTIALLY HIGH YIELDING INVESTMENT***

  • Sure to appeal to shrewd investors looking for an affordable buy to let investment with fantastic high yield potential. 

  • Property is located in a fantastic central location and close to local amenities.


 

Prime Property Auctions New Entry.  Large 1 bedroom property, situated within a prime location in Largs - ***AVAILABLE FOR UNDER ADS THRESHOLD***

For rental purposes, the property has previously been tenanted at £395 p/m ( £4,740 p/a), this would provide an exceptional 19% gross yield based on a guide price of £22,000. Property would command a monthly rental of £475 – £575 per calendar month. This would provide an annual rental of £5,700 - £6,900. - ***POTENTIALLY HIGH YIELDING INVESTMENT***

Property has a home report valuation of £30,000 and is available for a fantastic price.

Sure to appeal to investors looking for an easy lettable flat in a sought after location with great potential for Capital Growth. The local area has seen some great sales recently showing that there is strong demand.

Local Sales Evidence: 

 

***1, Lindon Aisle, Lade Street, Largs, Ayrshire, KA30 8AZ Previously sold for £105,000. 7, Flat 4, Lade Street, Largs, Ayrshire, KA30 8AZ Previously sold for £90,600. 10, Gallowgate Lane, Largs, Ayr, KA30 8BE Previously sold for £121,000***

Property has a Guide price of £22,000 and is sure to appeal to buy to let investors.

Potentially High yielding investment property. Property would command a monthly rental of £475 – £575 per calendar month. This would provide an annual rental of £5,700 - £6,900. Property would provide a gross yield of 17.8% - 21.5%.

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

Largs is an affluent town located on the North Ayrshire coast on the Firth of Clyde located around 30 miles from the centre of Glasgow and is serviced by regular bus, train and ferry links. Population of 11,000. The town also benefits from fabulous Scottish beaches and boasts a strong tourism industry. Very popular throughout the summer season months with high tourism and visitor numbers for a number of local attractions including Kelburn Country Centre. HIGH DEMAND RENTAL location close to town centre, train station, ferry port and famous promenade and beach. Popular holiday town on the West coast of Scotland. The property is close to famous beach. Largs is a very popular and highly sought after town on the West Coast of Scotland benefiting from having a number of local attractions including Kelburn Country Centre, the Historic Scotland museums at Skelmorlie Aisle and the world famous Nardini’s Ice Cream Parlour and restaurant. Within a couple of minutes walk of the property you can access the daily ferry service to the Isle of Cumbrae. Highly sought after location with Glasgow and central Scotland easily accessible.

Location

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.

Virtual Tours

Floorplans

Property Features

  • Prime Property Auctions is excited to present this Large 1 bedroom property, situated within a prime location in Largs - ***HOME REPORT £30,000***
  • ***1, Lindon Aisle, Lade Street, Largs, Ayrshire, KA30 8AZ Previously sold for £105,000. 7, Flat 4, Lade Street, Largs, Ayrshire, KA30 8AZ Previously sold for £90,600. 10, Gallowgate Lane, Largs, Ayr, KA30 8BE Previously sold for £121,000***
  • For rental purposes, the property has previously been tenanted at £395 p/m ( £4,740 p/a), this would provide an exceptional 19% gross yield based on a guide price of £22,000. Property would command a monthly rental of £475 – £575 per calendar month. This would provide an annual rental of £5,700 - £6,900. - ***POTENTIALLY HIGH YIELDING INVESTMENT***
  • Sure to appeal to shrewd investors looking for an affordable buy to let investment with fantastic high yield potential.
  • Property is located in a fantastic central location and close to local amenities.

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14 Flat F, Lade Street, Largs, KA30 8AZ

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