9 Castle Street, Maybole, KA19 7DD

Description

• We are excited to present this excellent 1 bedroom flat, situated in a prime location in Maybole - HIGH YIELDING OPPORTUNITY

• 15 Castle Street Maybole, KA19 7DD sold for £40,000 April 202, 13 Castle Street Maybole, KA19 7DD sold for £36,000 November 2023

• Property is currently tenanted at £425 generating a gross annual income of £5,100, or a gross yield of 20.4% if achieved at the guide price. 

• Property has scope to potentially achieve £475 per month (£5,700 per annum) which would generate a fantastic 22.8% gross yield if achieved at the guide price.

• Sure to appeal to shrewd investors looking for a high yielding, turnkey investment opportunity with great yield potential. The property is situated on a quiet street and close to local amenities. PRIME BUY TO LET LOCATION

We are excited to present this excellent 1 bedroom flat, situated in a prime location in Maybole - HIGH YIELDING OPPORTUNITY

Property comprises:Entrance Hallway, Living room, Large double Bedroom, bathroom and kitchen. 

Property is currently tenanted at £425 generating a gross annual income of £5,100, or a gross yield of 20.4% if achieved at the guide price. 

Local sales evidence in the area give a potential for capital growth:

15 Castle Street Maybole, KA19 7DD sold for £40,000 April 202, 13 Castle Street Maybole, KA19 7DD sold for £36,000 November 2023

Property has scope to potentially achieve £475 per month (£5,700 per annum) which would generate a fantastic 22.8% gross yield if achieved at the guide price.

The property is situated on a quiet street and close to local amenities. PRIME BUY TO LET LOCATION

Sure to appeal to shrewd investors looking for a high yielding, turnkey investment opportunity with great yield potential. 

The local area has seen some great sales recently showing that there is strong demand.

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.

Location

Maybole, located in South Ayrshire, Scotland, is a charming town with rich historical appeal and a close-knit community that makes it attractive for residents and investors alike. The town boasts Maybole Castle, one of Scotland's oldest inhabited castles dating back to the 1500s, along with other historical buildings that give it a unique character. Being just a short distance from Alloway, the birthplace of poet Robert Burns, Maybole draws in cultural tourism, providing opportunities for rental and hospitality ventures. Its proximity to larger hubs like Ayr and Glasgow also makes it highly accessible, offering a peaceful, rural lifestyle while keeping urban amenities within reach. This mix of historical significance, cultural attractions, and strategic location creates a unique investment landscape in Maybole.

Map

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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.