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Flat 2a Mafeking Place, Campbeltown, PA28 6JD

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£10,000

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Flat

Residential

Vacant

Flat 2a Mafeking Place, Campbeltown, PA28 6JD

1

bed

1

bath

1

reception

Council tax: A

freehold

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Discounted Residential Opportunity

Description

  • PRIME NEW LISTING. We are excited to present this 1 bedroom refurbishment opportunity located within a prime location in Campbeltown.

  • Sales Evidence:**Flat 3/1, Mafeking Place sold for £30,000**; **2a Burnbank Street sold for £30,000**

  • For rental purposes, once renovated, the property could achieve between £400 - £450 per month, equating to an annual rental income of £5,400 - £6,000. This presents an excellent BRRR (Buy, Refurbish, Rent, Refinance) potential.

  • This property is fantastic for shrewd investors seeking a budget-friendly renovation project with fantastic rental potential. The property does require renovation, making it an ideal project for those looking to add value.

  • The property is a stone's throw from local amenities and only a short 10-minute walk from Campbeltown Ferry Terminal, ensuring convenience and accessibility.

PRIME NEW LISTING. We are excited to present this 1 bedroom refurbishment opportunity located within a prime location in Campbeltown.

The property comprises an inviting entrance hallway, a comfortable living room, a well-equipped kitchen, a large double bedroom, and a modern bathroom. There is ample storage throughout, ensuring practicality and comfort.

For rental purposes, once renovated, the property could achieve between £400 - £450 per month, equating to an annual rental income of £5,400 - £6,000. This presents an excellent BRRR (Buy, Refurbish, Rent, Refinance) potential.

Centrally located, the property is a stone's throw from local amenities and only a short 10-minute walk from Campbeltown Ferry Terminal, ensuring convenience and accessibility.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**Flat 3/1, Mafeking Place sold for £30,000**

**2a Burnbank Street sold for £30,000**

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

Campbeltown is a charming town on the Kintyre Peninsula, known for its scenic landscapes and rich history. With its vibrant community, it offers a variety of local shops, restaurants, and cultural attractions. The area is well-connected, with the ferry terminal providing easy access to nearby islands, making it a desirable location for both residents and investors alike.

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Deposit & Fee Calculator

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.