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2 bedroom flat for sale
Mafeking Place, Flat E, Campbeltown PA28
£16,000
Mafeking Place, Flat E, Campbeltown PA28
£16,000
Our Summary
- Auction Details28 November 2024, 10am-3pm Timed Online AuctionHow to Bid Now Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY
- Future Property Auctions - Scotland's Largest Land and Property Auction House
Description
The property is a 4-storey residential development of traditional stone construction, located in a desirable area. The apartment comprises a living room, bathroom, kitchen, storage cupboard, and hallway, and is fully let, generating a rental income of around £15,000 per year. However, its short-term holiday let potential is even more lucrative, with the ability to generate around £35 per night, resulting in an annual income of £12,000-£13,000 and a yield of around 50% per annum. The property is being sold through a timed online auction, with bidding open until November 28, 2024, and is an excellent opportunity for investors looking to generate high returns.