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1 bedroom flat for sale
Park Road, Ardrossan KA22
£30,000
Park Road, Ardrossan KA22
£30,000
Our Summary
- Excellent potential for High yielding investment
- Property will require full refurbishment prior to habitation
- Sure to appeal to a shrewd investor looking for an affordable development opportunity to make a fine addition to their portfolio
- This property is offered at a fantastic price to ensure an auction sale with local sales evidence with nearby properties selling for much higher: * 1C Hill Place, Ardrossan, Ayrshire, KA22 8HA sold for £55,000 December 2022, 47 Flat B, Montgomerie Street, Ardrossan, Ayshire, KA22 8HP sold for £61,500 March 2021 *The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
Description
A 1 bedroom flat in a popular buy-to-let location in Ardrossan, Ayrshire, is being auctioned off by Prime Property Auctions. The property has excellent potential for a high-yielding investment, with the potential to achieve upwards of £450 per calendar month once refurbished. Based on a guide price of £30,000 and let out at £450 per month, the property could achieve an annual gross yield of 18%. The property will require full refurbishment prior to habitation and is offered as part of a portfolio sale, but the seller will consider selling it as an individual unit. The property is open to immediate offers and will feature in an upcoming timed online auction.