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1 bedroom flat for sale
11 Castle Street, Flat 3A, Maybole, KA19 7DD
£35,000
11 Castle Street, Flat 3A, Maybole, KA19 7DD
£35,000
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 prime property auction new entry, a large 1 bedroom tenanted investment property in Maybole, South Ayrshire. The property is currently tenanted at £399 per month, providing immediate cash flow, and has a guide price of £35,000. The property has a potential gross yield of 13.7% if achieved, with rental potential of £425-£475 per calendar month, generating an annual income of £5,100-£5,700. The property is situated on a quiet street and is close to local amenities, with recent local sales evidence showing strong demand in the area. The property has a high yielding investment potential and is open to immediate offers via the "Make an Offer" button on the website.