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2 bedroom flat for sale
2F Burnbank Street, Campbeltown, PA28 6JD
£15,000
2F Burnbank Street, Campbeltown, PA28 6JD
£15,000
Our Summary
- We are excited to present this fantastic residential investment opportunity
- *** For those looking for a great project with vast potential to add value and still have high cashflow after refinance *BRRR STRATEGY* The property is situated near Capbeltown's busy high street, benefiting from a busy tourism *PRIME LOCATION* PRIME NEW LISTING
- We are excited to present this fantastic mixed use investment opportunity
- *PRIME DEVELOPMENT OPPORTUNITY* Property is a blank canvas with so many potential opportunities
- Established use for the commercial unit as a bar with planning approved to convert into a bar/ restaurant
- The property could be utilised as an AirBnB and could achieve £105 per night subject to planning
- Perfect opportunity for a someone looking to expand or start their property portfolio *STRONG CASHFLOW* For those looking for a great project with vast potential to add value and still have high cashflow after refinance *BRRR STRATEGY* Sure to appeal to shrewd buy to let investors looking for a fantastic residential investment opportunity with the opportunity for multiple strategies
- Great opportunity for owner occupiers looking for a property they can put their own stamp on
- 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
This prime new listing presents a fantastic residential investment opportunity in Campbeltown, Argyll, Scotland. The property, located near the town's busy high street, offers a blank canvas with vast potential for development and high cash flow. The property currently comprises an entrance hallway, living room, two spacious bedrooms, living room with dining area, freshly renovated kitchen, and bathroom. With planning approval to convert the commercial unit into a bar/restaurant, the property can be utilized as an Airbnb, generating a potential yield of 178% if achieved at the guide price. Alternatively, it can be rented out, producing a yield of 32-36% if achieved for the guide price. The property is ready to let/occupy and offers a great opportunity for owner occupiers to put their own stamp on it. With a guide price of £47,000, this property is open to immediate offers and will feature in an upcoming timed online auction.