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Park Road, Ardrossan KA22 1 bed apartment for sale
Park Road, Ardrossan KA22
£18,000
Park Road, Ardrossan KA22
£18,000
Our Summary
- The property will require a degree of renovation to unleash its full potential, making it an attractive opportunity for investors seeking an affordable property with excellent capital growth prospects
- This property is offered at a fantastic price to ensure an Auction sale
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
- The property will require a degree of renovation to unleash its full potential, making it an attractive opportunity for investors seeking an affordable property with excellent capital growth prospect
Description
This prime new listing is a vacant one-bedroom flat located in a desirable location in Ardrossan, Scotland. The property requires renovation to unlock its full potential, but once completed, it could generate a rental income of £450-£550 per month, yielding 20-22% per annum. The property has excellent sales evidence in the area, with similar properties selling for £58,000 to £75,000 in recent years. The seller may consider selling as an individual unit, making it an attractive opportunity for savvy investors seeking a portfolio buy with promising capital and rental growth potential. The property is being offered at a fantastic discount to ensure a sale, and it's expected to feature in an upcoming timed online auction.