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Castle Street, Maybole KA19 1 bed flat for sale
Castle Street, Maybole KA19
£25,000
Castle Street, Maybole KA19
£25,000
Our Summary
- 3% 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 for Capital Growth
- 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 is a large 1-bedroom tenanted investment property located in Maybole, South Ayrshire. The property is currently rented out at £399 pcm, generating an annual income of £4,788 and a gross yield of 13.7% if sold for its guide price of £35,000. The property has potential to increase rents to £425-£475 per month, generating an annual income of £5,100-£5,700 and a gross yield of 16.3%. The property is situated on a quiet street, close to local amenities, and has a potential for capital growth, with recent local sales evidence showing strong demand. The property is open to immediate offers and is expected to appeal to investors looking for an easy lettable flat with great potential for capital growth.