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1 bed flat
McGregor Avenue, Stevenston KA20
Auction
£29,000
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Our Summary
- 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
The property is a 1-bedroom flat located at an undisclosed address in Stevenston, Ayshire. It comprises an entrance stairway, living room (4.20 x 4.20m), kitchen (2.90 x 2.90m), double bedroom (3.80 x 3.30m), and shower room (1.80 x 1.40m). The flat is currently tenanted at £425 per calendar month, providing an annual income of £5,100, and has a potential rental value of £475-£550 per month.
The property has a gross yield of 14.2% at a guide price of £36,000.