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Studio flat for sale
12A Park Road, Ardrossan, North Ayrshire, KA22 8JR
£17,000
12A Park Road, Ardrossan, North Ayrshire, KA22 8JR
£17,000
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. The property, which requires renovation to bring the interior up to a habitable standard, is situated within walking distance of local amenities and transport links. Once refurbished, it promises strong returns, with a projected monthly rental of £375-£425 and a potential gross annual rent of £4,500-£5,100, offering an anticipated yield of 25-29%. The flat is ideal for an investor seeking a property with capital growth potential and is close to the ferry terminal, offering links to the isles, as well as easy access to public transport for commuting and local travel.