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2 bedroom terraced bungalow for sale
71 Forge Road, Ayr KA8
£95,000
71 Forge Road, Ayr KA8
£95,000
Our Summary
- Great potential yield if achieved for Guide price of £105,000
- The property is currently rented below market rent and has some fantastic potential for growth, with a rental potential of £650 - £725 per calendar month
- Property is currently generating a gross an annual income of £5,700, with the potential of £7,800 - £8,700
- Great potential yield of 7
- 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
Description
The Prime Property Auctions New Tenanted Investment Property is available for immediate purchase and features a large 2-bedroom mid-terraced house with a tenant in situ. The property has a current home report valuation of £120,000 and is currently rented below market rent with potential for growth. The property has a gross annual income of £5,700 with the potential for £7,800-£8,700, offering a yield of 7.4%-8.3%. The property is located in a highly desirable area near Ayr town centre and all local amenities, with easy access to Prestwick Airport and the A77. The property is offered at a fantastic price and will feature in an upcoming timed online auction.