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1 bed flat
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Price History
Our Summary
- 3%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 ***Sure to appeal to investors looking for an easy lettable flat in a sought after location with great potential for Capital Growth
- This property is offered at a fantastic price to ensure an Auction sale
- The property will feature in our upcoming timed online auction
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Description
This is a large 1-bedroom tenanted investment property located on a quiet street in Maybole, KA19 7DD. The property is currently generating an annual income of £4,788, providing a gross yield of 13.7% if achieved for the guide price of £35,000. With rental potential of £425-£475 per month, the property could generate an annual income of £5,100-£5,700, resulting in a gross yield of 16.3% if rents are increased in line with the market.
The property has a Guide price of £35,000 and is open to immediate offers. With local sales evidence showing strong demand and potential for capital growth, this property is sure to appeal to investors looking for an easy lettable flat in a sought-after location.