FOR SALE BY ONLINE AUCTION THURSDAY 5TH OCTOBER AT 9.00AM. Opportunity to purchase a portfolio of two one bedroom flats, with main door access, located in the heart of Maybole, Ayrshire. One tenanted and one vacant. Current rental income of £300pcm, with potential end market rent of £600pcm with both units occupied, providing a yield of 13.1% at Guide Price.
Online Property Auctions Scotland are delighted to offer this portfolio consisting of two one bedroom main door flats in Maybole, Ayrshire that is within walking distance to a variety of amenities. Currently, one property is tenanted at £300pcm and the other vacant.
Each property consists of living area, kitchen, bedroom and bathroom.
Virtual Tour - Flat 9: https://www.madesnappy.co.uk/tour/1g143g8cbd
Virtual Tour - Flat 11: https://www.madesnappy.co.uk/tour/1g143g8cc5
Well located for a range of amenities, including shops, takeaways, cafes and bars and is within close proximity to Maybole train station. The properties benefit from having on-street parking outside.
Nearby sold prices:
17 Castle Street, Maybole, sold £158,000 (February 2021)
15 Castle Street, Maybole, sold £40,000 (April 2021)
13 Castle Street, Maybole, sold £39,500 (July 2022)
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.
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Portfolio of Two One Bedroom Flats
One Tenanted One Vacant
Current Income of £300pcm, with Potential End-Market Rent of £600pcm with Both Units Occupied
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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