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Top Floor Flat, Parkend Road... 2 bed flat for sale
Top Floor Flat, Parkend Road, Saltcoats, KA21 5PJ
£36,000
Top Floor Flat, Parkend Road, Saltcoats, KA21 5PJ
£36,000
Our Summary
- Large 2 bedroom, upper flat in popular rental location in the popular seaside town of Saltcoats offering potential to add significant value
- Ideal investment opportunity in high demand rental location offering an outstanding potential yield with realistic potential rental income of up to £600 per month following necessary works
- A degree of refurbishment will be required prior to habitation following a leaking roof
- For a property investor or developer these are not major issues and should be viewed as an opportunity to add significant value with a realistic completed value of around £60,000 and a realistic rental income in excess of £7,000 per year
- This lot will be sold under auction terms and conditions by Braveheart Auctions
- Excellent location close to local attractions, amenities, transport links and beachLow cost investment opportunity offering potentially excellent yieldRealistic potential rental income of up to £600 per monthPotential to add value through renovationExcellent rental locationRealistic completed value of £60,000Bid now
- Low cost investment opportunity offering potentially excellent yield
- Potential to add value through renovation
Description
This 2-bedroom upper flat in Saltcoats, Scotland, is an ideal investment opportunity with potential to add significant value. The property requires a degree of refurbishment, including repairing or replacing a smashed window and completing necessary works following a leaking roof. Despite these minor issues, the property offers an outstanding potential yield with realistic potential rental income of up to £600 per month. With gas central heating, double glazing, and a secure entry system, the property is well-equipped for a quick flip or BRRR project. Its excellent location is close to the train station, town centre, and local schools, making it a popular choice for young families and young professionals. With a realistic completed value of £60,000 and a potential rental income of over £7,000 per year, this property presents a low-cost addition to any portfolio.