£30,000 Guide Price

8D Park Road, Ardrossan, KA22 8JR

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Residential Refurbishment Opportunity

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Type

Ownership

Occupation

Bedrooms

1

Council Tax

Band: A
Legal Pack
Residential Refurbishment Opportunity

Details

Property Summary


  • Prime Property Auctions New Entry. Large 1 Bedroom flat in need of renovations. Sure to appeal to landlord looking for High yielding property.

  • *** 1 Galloway Place, Saltcoats, Ayshire, KA21 5BD previously sold for £75,000, 7 Winton Street, Saltcoats, KA21 5BN sold for £118,000 June 2023 ***

  • Property will require full renovation prior to habitation. Sure to appeal to investors/buy to let landlords looking for High yielding investment opportunity.

  • Property would attract a monthly rental of £475 - £525 once renovated. This would generate an annual income of £5,700 - £6,300.

  • Close to a range of local amenities, supermarkets, leisure facilities, doctors / dental surgeries all of which are within comfortable walking distance.


 

Prime Property Auctions New Entry. Large 1 Bedroom flat in need of renovations. Sure to appeal to landlord looking for High yielding property. Property comprises communal entrance hallway, entrance hall, bathroom, living room, gala style kitchen and double bedroom.

 

Property will require full renovation prior to habitation. Sure to appeal to investors/buy to let landlords looking for High yielding investment opportunity.

 

Property would attract a monthly rental of £475 - £525 once renovated. This would generate an annual income of £5,700 - £6,300. This would generate gross yield of 16.3% - 18% if achieved for Guide price of £35,000.

 

The area has some fantastic sales on the surrounding streets, which may be a sign of capital growth potential.

*** 1 Galloway Place, Saltcoats, Ayshire, KA21 5BD previously sold for £75,000, 7 Winton Street, Saltcoats, KA21 5BN sold for £118,000 June 2023 ***

 

Excellent BRRR Opportunity. Sure to appeal to investors looking for an easy lettable flat in a up and coming location with great potential for Capital Growth. The local areas seen some great sales recently showing that there is strong demand.

Property has a Guide price of £35,000 and is sure to appeal to investors looking for a property that they can put their own stamp on.

Potentially high yielding investment property.

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.

 

 

 

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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.

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Property Features

  • Prime Property Auctions New Entry. Large 1 Bedroom flat in need of renovations. Sure to appeal to landlord looking for High yielding property.
  • *** 1 Galloway Place, Saltcoats, Ayshire, KA21 5BD previously sold for £75,000, 7 Winton Street, Saltcoats, KA21 5BN sold for £118,000 June 2023 ***
  • Property will require full renovation prior to habitation. Sure to appeal to investors/buy to let landlords looking for High yielding investment opportunity.
  • Property would attract a monthly rental of £475 - £525 once renovated. This would generate an annual income of £5,700 - £6,300.
  • Close to a range of local amenities, supermarkets, leisure facilities, doctors / dental surgeries all of which are within comfortable walking distance.

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8D Park Road, Ardrossan, KA22 8JR

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