1 bedroom apartment for sale

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1 bedroom apartment for sale

12D Park Road, Ardrossan, G5 0DZ
£29,000

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 prime 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 is being sold as part of a portfolio sale, and the seller may consider selling as an individual unit. With excellent sales evidence in the area, including recent sales of similar properties for £75,000, £58,000, and £65,000, this property presents a fantastic opportunity for savvy investors looking for a straightforward purchase with excellent upside potential.