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57 George Street, Ayr, KA8 0AH

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£29,000

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Opening Bid

£29,000

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Apartment

Residential

Vacant

57 George Street, Ayr, KA8 0AH

1

bed

1

bath

1

reception

Council tax: A

freehold

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Vacant Residential Opportunity

Description

  • Prime New Listing. Good sized one bedroom flat located in popular Buy to let location. Offered Under ADS Threshold
  • 1a, Philip Square, Ayr KA8 8EL sold for £39,500 March 2024, 49b, George Street, Ayr KA8 0AH previously sold for £73,000
  • Fantastic High Yield Potential. Property would attract a monthly rental of £450 - £500 per calendar month which would provide a gross annual income of £5,400 - £6,000. Potential yield of 18.6%-20.6%.
  • Sure to appeal to shrewd buy to let investors looking for an incredibly HIGH YIELDING opportunity with great CAPITAL GROWTH! UNDER ADS
  • Once tenanted, The property is an excellent cash producing Investment. Sure to appeal to investors/ BTL landlords looking for an affordable high yielding investment.
Prime New Listing. Good sized one bedroom flat located in popular Buy to let location. Offered Under ADS Threshold Property comprises. Entrance hallway, Shower Room, Living room with Kitchen and double bedroom complete with storage. Property benefits from recent renovation,  ample storage, communal garden area to rear and on street parking. Sure to appeal to shrewd buy to let investors looking for an incredibly HIGH YIELDING opportunity with great CAPITAL GROWTH! UNDER ADS 1a, Philip Square, Ayr KA8 8EL sold for £39,500 March 2024, 49b, George Street, Ayr KA8 0AH previously sold for £73,000 Once tenanted, The property is an excellent cash producing Investment. Sure to appeal to investors/ BTL landlords looking for an affordable high yielding investment. Fantastic High Yield Potential. Property would attract a monthly rental of £450 - £500 per calendar month which would provide a gross annual income of £5,400 - £6,000. Potential yield of 18.6%-20.6%. This investment is set in a desirable area with great access to motorways, local amenities, schools and sports facilities 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

Ayr, situated along the picturesque coastline of South Ayrshire, presents an appealing investment opportunity with its strategic location and rich cultural heritage. As a historic market town with a vibrant tourism industry, Ayr boasts a diverse economy supported by sectors such as hospitality, retail, and leisure. Its stunning beaches, iconic landmarks like the Auld Brig, and annual events such as the Ayr Gold Cup attract visitors from far and wide, creating opportunities for investment in tourism-related ventures. Additionally, Ayr's proximity to Glasgow and excellent transport links make it an attractive destination for businesses and commuters alike. Investors can capitalise on Ayr's expanding housing market, urban regeneration projects, and community initiatives to drive economic growth and contribute to the ongoing prosperity of this charming town in Scotland.

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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

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.