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1 bed flat
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Price History
Our Summary
- Property has scope to potentially achieve £475 per month (£5,700 per annum) which would generate a fantastic 22
- Sure to appeal to shrewd investors looking for a high yielding, turnkey investment opportunity with great yield potential
- Local sales evidence in the area give a potential for capital growth:*** 15 Castle Street Maybole, KA19 7DD sold for £40,000 April 202,13 Castle Street Maybole, KA19 7DD sold for £36,000 November 2023 ***Property has scope to potentially achieve £475 per month (£5,700 per annum) which would generate a fantastic 22
- ***prime buy to let location***Sure to appeal to shrewd investors looking for a high yielding, turnkey investment opportunity with great yield potential
- 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
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Description
This 1-bedroom flat in Maybole, Scotland, is a high-yielding investment opportunity with a gross annual income of £5,100, generating a 20.4% gross yield. The property is currently tenanted at £425 per month and has the potential to achieve £475 per month, resulting in a 22.8% gross yield. The flat is situated in a prime location, close to local amenities and Maybole Castle, and has seen recent sales evidence of strong demand in the area.
The property is being sold through a timed online auction and is open to immediate offers. With its high yield potential, prime location, and historical significance, this property is sure to appeal to shrewd investors looking for a turnkey investment opportunity.