Park Road, Ardrossan KA22

Property Details: - Type: Flat - Bedrooms: 1 - Bathrooms: 0

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

<ul><li>Prime Property Auctions New Entry. Good sized 1 bedroom flat located in popular buy to let location. Excellent potential for High yielding investment. OFFERED UNDER ADS THRESHOLD</li><li>* 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 *</li><li>Property will require a degree of renovation to unleash its true potential. Sure to appeal to investors looking for an affordable property that has great capital growth potential.</li><li>Once property has been renovated it would attract a rental of £375 - £425 per calendar month, generating a gross annual rent of £4,500 - £5,100.</li><li>Close to a range of local amenities, supermarkets, leisure facilities, doctors / dental surgeries all of which are within comfortable walking distance.</li></ul> <br/> <br/> <br/> <br/> <br/>Prime Property Auctions New Entry. Good sized 1 bedroom flat located in popular buy to let location. Excellent potential for High yielding investment. Property comprises: Entrance hallway, Living room with kitchen, Double bedroom and Shower room. <br/> <br/>Property will require a degree of renovation prior to unleash its true potential. Sure to appeal to investors looking for an affordable property that has great capital growth potential. <br/> <br/> <br/> <br/>Priced for Auction sale with a Guide Price of £35,000. Once property has been renovated it would attract a rental of £375 - £425 per calendar month, generating a gross annual rent of £4,500 - £5,100. This would provide a gross rental yield of 13%-14.5% if achieved at Guide price of £35,000. <br/> <br/> <br/> <br/>* 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 * <br/> <br/> <br/> <br/>Property is offered as part of a portfolio sale, but seller will consider selling as an individual unit. <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/>Location: <br/> <br/>Park Road is close to a range of local amenities, supermarkets, leisure facilities, doctors / dental surgeries all of which are within comfortable walking distance. Ardrossan ferry terminal with direct sailings to the isles of Arran and Campbeltown is also a short stroll from the property. <br/> <br/> <br/> <br/>