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1 bedroom flat for sale
9, Castle Street, Maybole, KA19 7DD
£25,000
9, Castle Street, Maybole, KA19 7DD
£25,000
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 prime location. The property is currently tenanted at £425 per month, generating a gross annual income of £5,100 and a gross yield of 20.4% if achieved at the guide price. With scope to potentially achieve £475 per month, the yield could increase to 22.8%. The property is situated on a quiet street, close to local amenities, and has seen recent sales in the area, indicating strong demand. The local area has a mix of historical significance, cultural attractions, and strategic location, making it an attractive investment opportunity for shrewd investors looking for a high-yielding, turnkey investment with great potential for capital growth.