Sponsored Find a Solicitor — free quotes via ReallyMoving
2 bed flat
Next Steps
Sponsored — free quotes via ReallyMoving
Find a Solicitor
Fast conveyancing is critical at auction — compare fees
Our Summary
- Low cost investment opportunity offering potentially excellent yield
- Potential to add value through renovation
- Large 2 bedroom, upper flat in popular rental location in the popular seaside town of Saltcoats offering potential to add significant value
- Ideal investment opportunity in high demand rental location offering an outstanding potential yield with realistic potential rental income of up to £600 per month following necessary works
- A degree of refurbishment will be required prior to habitation following a leaking roof
- For a property investor or developer these are not major issues and should be viewed as an opportunity to add significant value with a realistic completed value of around £60,000 and a realistic rental income in excess of £7,000 per year
- This lot will be sold under auction terms and conditions by Braveheart Auctions
- Excellent location close to local attractions, amenities, transport links and beachLow cost investment opportunity offering potentially excellent yieldRealistic potential rental income of up to £600 per monthPotential to add value through renovationExcellent rental locationRealistic completed value of £60,000Bid now
Get alerted when similar properties are listed — Subscribe
Description
The property is a large 2-bedroom upper flat in Saltcoats, with an entrance hallway, lounge, two large double bedrooms, kitchen, and bathroom. It has gas central heating with a Worcester combi boiler, double glazing, secure entry, and a shared garden. There is on-street parking and it is located close to the train station, town centre, and local schools.
The roof has been repaired, and although the double glazing in the second bedroom and kitchen window require repair or replacement, these are considered minor issues that can be addressed to add significant value.