Castle Street, Maybole KA19 1 bed flat for sale

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Castle Street, Maybole KA19 1 bed flat for sale

9, Castle Street, Maybole, KA19 7DD
£19,000

Our Summary

  • Property has scope to potentially achieve £475 per month (£5,700 per annum) which would generate a fantastic 22
  • Sure to appeal to shrewd investors looking for a high yielding, turnkey investment opportunity with great yield potential
  • Local sales evidence in the area give a potential for capital growth:* 15 Castle Street Maybole, KA19 7DD sold for £40,000 April 202, 13 Castle Street Maybole, KA19 7DD sold for £36,000 November 2023 * Property has scope to potentially achieve £475 per month (£5,700 per annum) which would generate a fantastic 22
  • *PRIME BUY TO LET LOCATION* Sure to appeal to shrewd investors looking for a high yielding, turnkey investment opportunity with great 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

Description

This 1-bedroom flat in Maybole, Scotland, is a high-yielding investment opportunity with a gross annual income of £5,100 and a gross yield of 20.4% if achieved at the guide price. The property is currently tenanted at £425 per month and has scope to potentially achieve £475 per month, generating a fantastic 22.8% gross yield. Situated on a quiet street and close to local amenities, the property is sure to appeal to shrewd investors looking for a high-yielding, turnkey investment opportunity. The local area has seen some great sales recently, showing strong demand, and the property has potential for capital growth. With a guide price and a prime buy-to-let location, this property is a great opportunity for investors to generate a strong income and potentially benefit from capital appreciation.