1 bedroom flat for sale

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1 bedroom flat for sale

17 McGregor Avenue, Stevenston, KA20 4BA
£36,000

Our Summary

  • 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

A 1-bedroom flat in a popular buy-to-let location in Ayrshire, Scotland, is being auctioned off tenanted for £425 per month, providing an annual income of £5,100 and a gross yield of 14.2%. The property has a potential rental value of £475-£550 per month, which would increase the gross annual income to £5,700-£6,600. The property has recently sold for £55,000 and £75,000 in the local area, indicating strong demand. The Guide price for the property is £36,000, making it an excellent BRRR opportunity for investors. The property is located close to a supermarket and retail park, with excellent road and transport links, and is sure to appeal to buy-to-let investors looking for an affordable investment with great potential for capital growth.
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