>
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 large 1-bedroom tenanted investment property located in Maybole, South Ayrshire, with a guide price of £35,000. The property is currently tenanted at £399 per calendar month, providing an annual income of £4,788 and a gross yield of 13.7%. With rental potential of £425-£475 per month, the annual income could increase to £5,100-£5,700, yielding 16.3%. The property is situated on a quiet street, close to local amenities, and has a strong demand for rentals in the area, as evidenced by recent sales in the area. With a potential for capital growth, this property is a high-yielding investment opportunity for investors looking for an easy lettable flat in a sought-after location.