Castle Street, Maybole KA19

Property Details: - Type: Flat - Bedrooms: 1 - Bathrooms: 1

Agent: Prime Property Auctions - Glasgow Phone: 0141 376 8640

<ul><li>Prime Property Auctions New Entry. Large 1 bedroom tenanted Investment property. Property is currently tenanted at £399 pcm providing immediate cashflow.</li><li>* 15 Castle Street Maybole, KA19 7DD sold for £40,000 April 202, 13 Castle Street Maybole, KA19 7DD sold for £36,000 November 2023 *</li><li>Property is currently tenanted at £399 pcm providing an annual income of £4,788. This would provide a gross yield of 13.7% if achieved for Guide price of £35,000</li><li>Property has rental potential of £425 - £475 per calendar month which would generate an annual income of £5,100 - £5,700. If rents were increased in line with market then gross yield would be 16.3%</li><li>Property is situated on a quite street and close to local amenities. * OPEN TO IMMEDIATE OFFERS *</li></ul> <br/> <br/> <br/>Prime Property Auctions New Entry. Large 1 bedroom tenanted Investment property. Property is currently tenanted at £399 pcm providing immediate cashflow. Property comprises: Entrance Hallway, Living room, Bedroom, bathroom and kitchen. <br/> <br/> <br/> <br/>Property is currently tenanted at £399 pcm providing an annual income of £4,788. This would provide a gross yield of 13.7% if achieved for Guide price of £35,000. Property has rental potential of £425 - £475 per calendar month which would generate an annual income of £5,100 - £5,700. If rents were increased in line with market then gross yield would be 16.3% <br/> <br/> <br/> <br/>Local sales evidence in the area give a potential for capital growth: <br/> <br/>* 15 Castle Street Maybole, KA19 7DD sold for £40,000 April 202, 13 Castle Street Maybole, KA19 7DD sold for £36,000 November 2023 * <br/> <br/>Sure to appeal to investors looking for an easy lettable flat in a sought after location with great potential for Capital Growth. The local areas seen some great sales recently showing that there is strong demand. <br/> <br/>Property has a Guide price of £35,000 and is sure to appeal to investors. <br/> <br/>High yielding investment property. <br/> <br/>This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our "Make an Offer" button on our website. <br/> <br/>This property is offered at a fantastic price to ensure an Auction sale. <br/> <br/>The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team. <br/> <br/> <br/> <br/>Location: <br/> <br/>Maybole is a town in South Ayrshire. It is situated 9 miles (14 km) south of Ayr and 50 miles (80 km) southwest of Glasgow by the Glasgow and South Western Railway. The town is bypassed by the A77. A main attraction of Maybole is Culzean castle which is part of National Trust For Scotland. Culzean Castle is a castle overlooking the Firth of Clyde, near Maybole, Carrick, in South Ayrshire, on the west coast of Scotland.