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Ross Road, Saltcoats KA21 3 bed end of terrace house for sale
12 Ross Road, Ayrshire, Saltcoats, KA21 6AH
£70,000
12 Ross Road, Ayrshire, Saltcoats, KA21 6AH
£70,000
Our Summary
- *** Fantastic Residential Opportunity*** *** 17, Ashdale Avenue, Saltcoats, Ayr, KA21 6AA Sold for £110,000 in June 2023, 24, Mcgillivray Avenue, Saltcoats, Ayrshire, KA21 6BN Sold for £110,000 in July 2020, 13, Kildonan Place, Saltcoats, Ayrshire, KA21 6JP Sold for £101,500 in June 2024 *** Property requires a degree of renovation to unlock full potential and once refurbished, would lend itself to a variety of exit strategies, such as buy-to-let or serviced accommodation
- Subject to necessary licensing and consents
- *** PRIME BRRR OPPORTUNITY *** The property has potential to be used as an Airbnb/ Short term let, subject to gaining necessary licensing and permissions
- *** POTENTIALLY HIGH YIELDING INVESTMENT OPPORTUNITY *** As a buy-to-let, the property could achieve £750 - £800 per month generating a gross annual income of £9,600 or a gross yield of 12
- *** 17, Ashdale Avenue, Saltcoats, Ayr, KA21 6AA Sold for £110,000 in June 2023, 24, Mcgillivray Avenue, Saltcoats, Ayrshire, KA21 6BN Sold for £110,000 in July 2020, 13, Kildonan Place, Saltcoats, Ayrshire, KA21 6JP Sold for £101,500 in June 2024 *** Property requires a degree of renovation to unlock full potential and once refurbished, would lend itself to a variety of exit strategies, such as buy-to-let or serviced accommodation
- *** PRIME BRRR OPPORTUNITY *** The property has potential to be used as an Airbnb/ Short term let, subject to gaining necessary licensing and permissions
- *** POTENTIALLY HIGH YIELDING INVESTMENT OPPORTUNITY *** As a buy-to-let, the property could achieve £750 - £800 per month generating a gross annual income of £9,600 or a gross yield of 12
- 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 fantastic 3-bedroom, end-of-terrace refurbishment opportunity located in the popular coastal town of Saltcoats, North Ayrshire. The property requires some renovation to unlock its full potential, but once done, it could be used as a buy-to-let or serviced accommodation, potentially generating a high yield. The property has the potential to be used as an Airbnb or short-term let, with similar properties in the area achieving upwards of £100 per night. Alternatively, it could be rented out as a traditional buy-to-let, generating a gross annual income of £9,600 or a gross yield of 12.8%. The property is situated near excellent transport links and local amenities, making it an attractive option for professional tenants. With a guide price of £75,000, this is a fantastic opportunity for a shrewd investor to make a profit.