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1 bedroom flat for sale
Wellpark Road, Saltcoats, North Ayrshire, KA21 5LH
£35,000
Wellpark Road, Saltcoats, North Ayrshire, KA21 5LH
£35,000
Our Summary
- Low cost investment property in popular rental location with potential for increased rental as £375 per month (£4,500 per year) is low for the area
- This lot will be sold with the tenant in place and will be sold under auction terms and conditions by Braveheart Auctions
Description
This is an immediate income-producing investment opportunity in Saltcoats, a popular seaside town on the Ayrshire coast. The property, a one-bedroom main door flat, is currently tenanted and has a settled long-term tenant paying £375 per month, with an excellent payment history. The property is located close to the town centre, beach, and seaside attractions, with easy access to the bus route and train station linking to Largs and Glasgow City Centre. The property features gas central heating, double glazing, and new floor coverings throughout, and is being sold with the furniture included. With a low cost and realistic rental potential of £450 per month, this is a great opportunity for investors looking to add to their portfolio. The property will be sold under auction terms and conditions, and the tenant will remain in place.