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Studio 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 is situated within walking distance of local amenities and transport links, making it an ideal spot for investors seeking a property with capital growth potential. Although the flat requires a degree of renovation to bring the interior up to a habitable standard, it promises strong returns once refurbished. With a projected monthly rental 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. The flat is freehold and is located in a convenient position, close to supermarkets, leisure facilities, and medical services, as well as the Ardrossan ferry terminal, offering links to the isles. With its potential for renovation and strong rental yields, this property is an attractive opportunity for investors.