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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 generating an annual income of £4,788 at £399 pcm, providing a gross yield of 13.7% if achieved for the guide price of £35,000. The property has rental potential of £425-£475 pcm, generating an annual income of £5,100-£5,700, and could yield 16.3% if rents are increased in line with market. Situated on a quiet street and close to local amenities, the property is an easy lettable flat with great potential for capital growth. Recent local sales evidence suggests strong demand and potential for capital appreciation. The property is open to immediate offers and is expected to appeal to investors seeking a high-yielding investment opportunity.