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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
- OFFERED UNDER ADS THRESHOLD* 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 *Property will require a degree of renovation to unleash its true potential
- Property will require a degree of renovation prior to unleash its true potential
- Priced for Auction sale with a Guide Price of £35,000
- 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
Description
A newly listed property in a popular buy-to-let location, this good-sized 1 bedroom flat has excellent potential for high yielding investment. The property requires renovation but is priced to sell at an affordable £35,000, with the potential to attract a rental income of £375-£425 per calendar month and generate a gross annual rent of £4,500-£5,100, offering a gross rental yield of 13-14.5%. Located in a convenient location with easy access to local amenities, supermarkets, leisure facilities, and doctors/dental surgeries, this property is sure to appeal to investors looking for an affordable property with great capital growth potential.