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12A Park Road, Ardrossan, North... 1 bed flat for sale
12A Park Road, Ardrossan, North Ayrshire, KA22 8JR
£15,000
12A Park Road, Ardrossan, North Ayrshire, KA22 8JR
£15,000
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. The property, which is within walking distance of local amenities and transport links, requires a degree of renovation to bring the interior up to a habitable standard. However, once refurbished, it promises strong returns and potential capital growth. The flat is ideal for an investor seeking a property with a high yield, with projected monthly rentals of £375-£425 and an anticipated yield of 25-29% based on the guide price. The location is convenient, with easy access to public transport, local amenities, and the Ardrossan ferry terminal, which offers links to the isles. With the right renovation, this property has the potential to be a great investment opportunity.