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George Street, Ayr KA8 1 bed apartment for sale
57 George Street, Ayr, KA8 0AH
£32,000
57 George Street, Ayr, KA8 0AH
£32,000
Our Summary
- * Offered Under ADS Threshold * * 1a, Philip Square, Ayr KA8 8EL sold for £39,500 March 2024, 49b, George Street, Ayr KA8 0AH previously sold for £73,000 * Fantastic High Yield Potential
- 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 prime new listing is a good-sized one-bedroom flat located in a popular buy-to-let location in Ayr, Scotland. The property offers fantastic high yield potential, with a projected monthly rental income of £450-£500 and a gross annual income of £5,400-£6,000, providing a potential yield of 18.6%-20.6%. The property has recently been renovated and benefits from ample storage, a communal garden area, and on-street parking. Located in a desirable area with great access to motorways, local amenities, schools, and sports facilities, this investment opportunity is set to appeal to shrewd buy-to-let investors looking for a high-yielding and cash-producing investment. With its proximity to Glasgow and excellent transport links, Ayr presents a great opportunity for investors to capitalize on its expanding housing market, urban regeneration projects, and community initiatives.