12A Park Road, Ardrossan, North... 1 bed flat for sale

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12A Park Road, Ardrossan, North... 1 bed flat for sale

12A Park Road, Ardrossan, North Ayrshire, KA22 8JR
£14,000

Our Summary

  • Welcome to 12A Park Road, Ardrossan - a one-bedroom flat offering an excellent investment opportunity in a popular coastal town
  • Situated within walking distance of local amenities and transport links, this property presents both charm and potential
  • Key Features:One double bedroomLiving room combined with kitchen (open plan)Shower roomFreehold tenure12A requires a degree of renovation to bring the interior up to a habitable standard; however, once refurbished it promises strong returns
  • The flat is ideal for an investor seeking a property with capital growth potentialInvestment Data:Projected monthly rental (post-refurbishment): £375-£425Potential gross annual rent: £4,500-£5,100 Anticipated yield: 25-29% (based on guide price) Location & Amenities:Park Road lies in a convenient position of Ardrossan:Within comfortable walking distance to supermarkets, leisure facilities, and medical servicesClose to Ardrossan ferry terminal, offering links to the isles (Arran, etc

Description

Welcome to 12A Park Road, Ardrossan, a one-bedroom flat that offers an excellent investment opportunity in a popular coastal town. This property, which requires a degree of renovation to bring the interior up to a habitable standard, promises strong returns once refurbished. With its open-plan living room and kitchen, shower room, and freehold tenure, this flat is ideal for an investor seeking a property with capital growth potential. The location is convenient, within walking distance of local amenities, transport links, and the Ardrossan ferry terminal, making it an attractive option for commuters and tourists alike. With projected monthly rentals of £375-£425 and an anticipated yield of 25-29%, this property has the potential to generate significant returns for the savvy investor.