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1 bedroom flat for sale
Flat 2D, 28 Kyle Street, Ayr, KA7 1RZ
£35,000
Flat 2D, 28 Kyle Street, Ayr, KA7 1RZ
£35,000
Our Summary
- Sure to appeal to shrewd buy to let investors looking for a great investment opportunity
- 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
- Location: Ayr, situated along the picturesque coastline of South Ayrshire, presents an appealing investment opportunity with its strategic location and rich cultural heritage
Description
This is a tenanted, one-bedroom flat located in the popular residential area of South Ayrshire, with a guide price of £35,000. The property is currently rented out for £400 per month, generating a gross yield of 13.71% if sold at the guide price. The property has a spacious layout, with a hallway entrance, one bedroom, living room/kitchen, and WC. It benefits from immediate cash flow and ample storage. The area is desirable, with great access to motorways, local amenities, schools, and sports facilities. The property is being sold as part of a portfolio and is an excellent turnkey investment opportunity for shrewd buy-to-let investors. The property has a strong sales history, with similar properties in the area selling for £85,000, £112,000, and £105,000 in recent years.