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Studio flat for sale
12A Park Road, Ardrossan, North Ayrshire, KA22 8JR
£14,000
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 offering 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 freehold tenure and excellent location, it's ideal for an investor seeking a property with capital growth potential. The flat is situated within walking distance of local amenities, transport links, and the Ardrossan ferry terminal, offering links to the isles. With projected monthly rentals of £375-£425 and a potential gross annual rent of £4,500-£5,100, the anticipated yield is 25-29% (based on the guide price). This is a fantastic opportunity for an investor to follow their heart and invest in this charming property.