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Castle Street, Maybole KA19 1 bed flat for sale
Castle Street, Maybole KA19
£35,000
Castle Street, Maybole KA19
£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 large 1-bedroom tenanted investment property in Maybole, South Ayrshire, is currently rented out at £399 per month, 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 rental potential of £425-£475 per month, increasing its annual income to £5,100-£5,700 and gross yield to 16.3%. Located on a quiet street close to local amenities, the property is situated in a sought-after area with strong demand and recent sales evidence indicating potential for capital growth. With its high yield and potential for capital appreciation, this property is sure to appeal to investors looking for an easy lettable flat in a desirable location.