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Guide Price
£25,000 Guide Price

Flat 1/1, 2 Mafeking Place, Burnbank Street PA28 6JD

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Type

Flat

Ownership

Freehold

Occupation

Vacant

Bedrooms

1

Council Tax

Band: A
EICR
Download
Mafeking-place-EICR.pdf

Available documents

EICR
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Potentially High Yielding residential opportunity

Details

Property Summary


  • Prime Property Auctions is excited to bring to market this excellent refurbishment opportunity located within a prime location in Campbeltown - Guide price £25,000



  • *** 1 Flat 2/2, 1 Mafeking Place, Burnbank Street, Campbeltown,Previously sold for £52,000. Flat 2, Mafeking Place, Burnbank Street, Campbeltown Previously sold for £39,999.***



  • Property would benefit from renovation. Fantastic Capital growth potential. Sure to appeal to shrewd investors looking for Rare auction property.



  • Once renovated the property would attract a monthly rental of £400-£450 per month (£5,400 p/a,) which would provide an exceptional gross yield of 19-21% based on a guide price of £25,000 - ***POTENTIALLY HIGH YIELDING INVESTMENT*** 



  • Property is located near a whole host of local amenities including schools, nearby medical facilities, delicatessens and restaurants.


 

Prime Property Auctions is excited to bring to market this excellent refurbishment opportunity located within a prime location in Campbeltown - Guide price £25,000

 Property comprises: Entrance hallway, living room, kitchen, 1 large double bedroom. Property benefits from ample storage throughout. 

Prime Opportunity for Property investors looking for a property in an excellent location. Property requires full renovation. Fantastic Capital growth potential. Sure to appeal to builder/investor looking for Rare auction property. 

Once renovated the property would attract a monthly rental of £400-£450 per month (£5,400 p/a,) which would provide an exceptional gross yield of 19-21% based on a guide price of £25,000 - ***POTENTIALLY HIGH YIELDING INVESTMENT*** 

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

Local sales evidence:

*** 1 Flat 2/2, 1 Mafeking Place, Burnbank Street, Campbeltown,Previously sold for £52,000. Flat 2, Mafeking Place, Burnbank Street, Campbeltown Previously sold for £39,999.***

Excellent Development/ Refurbishment Opportunity. Property is ready for builder/investor/developer to bring to life.

Property has a Guide price of £25,000 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.

Location:

Campbeltown has a host of great local amenities including a health centre and well-known supermarket. The town is surrounded by scenic countryside, including the Clyde Muirshiel Regional Park, offering opportunities for outdoor activities and exploration. Campbeltown also has various amenities, schools, and community facilities to serve its residents. The local community contributes to its unique character and identity.

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.

Property Features

  • Prime Property Auctions is excited to bring to market this excellent refurbishment opportunity located within a prime location in Campbeltown - Guide price £25,000
  • *** 1 Flat 2/2, 1 Mafeking Place, Burnbank Street, Campbeltown,Previously sold for £52,000. Flat 2, Mafeking Place, Burnbank Street, Campbeltown Previously sold for £39,999.***
  • Property would benefit from renovation. Fantastic Capital growth potential. Sure to appeal to shrewd investors looking for Rare auction property.
  • Once renovated the property would attract a monthly rental of £400-£450 per month (£5,400 p/a,) which would provide an exceptional gross yield of 19-21% based on a guide price of £25,000 - ***POTENTIALLY HIGH YIELDING INVESTMENT***
  • Property is located near a whole host of local amenities including schools, nearby medical facilities, delicatessens and restaurants.

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