1 bedroom flat for sale

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1 bedroom flat for sale

Flat D, 11 Castle Street, Maybole, KA19 7DD
£22,000

Our Summary

  • Sure to appeal to shrewd investors looking for an affordable, ready to let investment opportunity with great yield potential
  • Property has potential to achieve £425 - 475 pcm which would provide an annual income of £4,788
  • 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 *** Sure to appeal to investors looking for an easy lettable flat in a sought after location with great 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 being offered for sale at a guide price of £22,000, with potential for a high yield. The property is situated in a prime location, close to local amenities, and has a quiet street. With a potential monthly rent of £425-£475, the annual income would be £5,100-£5,700, providing a gross yield of 22-23%. The area has seen recent sales, indicating strong demand, and the property's affordable price makes it an attractive investment opportunity. The flat is ready to let and is suitable for shrewd investors looking for a low-cost, high-yielding investment.
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