2 Tanpits Lane, Gardensend, Kirkcudbright, DG6 4LG

Description

• PRIME NEW LISTING. We are excited to present this vacant 2-bedroom flat located within a prime location in Kirkcudbright. HOME REPORT:£80,000

• **55, St Mary's Street, Kirkcudbright DG6 4DU sold for £150,000. 6, Gladstone Place, Kirkcudbright DG6 4DT sold for £118,000. Flat, 29, St Cuthbert's Street, Kirkcudbright DG6 4DX, sold for £135,000.**

• This property could generate between £750 and £800 per month in rental income, amounting to an impressive £9,000 to £9,600 annually. If purchased at the guide price, this offers a fantastic return of 15%-16%, subject to tenancy and acquiring the necessary information. 

• In move-in condition, this property offers a remarkable opportunity for an owner-occupier, student, or young professional to acquire an affordable home in a prime location. With great potential for customisation, it stands out as a perfect choice.

• With potential to add value, this property is ideal for a shrewd investor seeking their next BRRR project. Surrounded by excellent local amenities, transport links, and scenic sites just a stone’s throw away, it offers long-term capital growth with impressive rental income potential.

PRIME NEW LISTING. We are excited to present this vacant 2-bedroom flat located within a prime location in Kirkcudbright. HOME REPORT:£80,000

The property comprises an attic floor with an open plan lounge/kitchen, spacious bedroom 1, versatile bedroom 2/box room, and a well-appointed bathroom with a w.c.41m² or thereby (attic accommodation measured to 1.5m height)

This property could generate between £750 and £800 per month in rental income, amounting to an impressive £9,000 to £9,600 annually. If purchased at the guide price, this offers a fantastic return of 15%-16%, subject to tenancy and acquiring the necessary information. 

In move-in condition, this property offers a remarkable opportunity for an owner-occupier, student, or young professional to acquire an affordable home in a prime location. With great potential for customisation, it stands out as a perfect choice.

With potential to add value, this property is ideal for a shrewd investor seeking their next BRRR project. Surrounded by excellent local amenities, transport links, and scenic sites just a stone’s throw away, it offers long-term capital growth with impressive rental income potential.

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:

**55, St Mary's Street, Kirkcudbright DG6 4DU sold for £150,000. 6, Gladstone Place, Kirkcudbright DG6 4DT sold for £118,000. Flat, 29, St Cuthbert's Street, Kirkcudbright DG6 4DX sold for £135,000.**

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

Kirkcudbright, often referred to as the 'Artists’ Town,' is nestled in the scenic Dumfries and Galloway region. Known for its rich history, vibrant arts scene, and charming landscapes, it offers a perfect blend of cultural heritage and modern amenities. Ideal for those seeking a peaceful retreat or investment in a picturesque setting.

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.