FOR SALE BY ONLINE AUCTION THURSDAY 14TH JULY AT 9.00AM. Vacant one bedroom ground floor flat in seaside town. Potential end-market rental value of £450pcm, providing an incredible yield of 15.4% at Guide Price. Requires internal modernisation. Ideal investment opportunity.
The property is comprised of an entrance hallway, which leads to a double bedroom, a shower room with w/c and a well-sized living room with attached kitchen. There is double glazing and gas central heating throughout the flat and a shared garden to the rear.
Nearby Sales include:
• One bedroom flat, 52 Parkend Road - Sold for £44,000 Jun 19
• One bedroom flat, 3 Parkend Gardens - Sold for £45,000 Jun 21
• One bedroom flat, 16 Parkend Road - Sold for £39,999 Jul 21
Saltcoats is a seaside town in North Ayrshire, with roughly 12,000 inhabitants. The property itself is situated just a few minutes' walk to the coast, as well as the town's railway station, which has links to Glasgow, Ardrossan and Paisley. There are also motor links to the nearby larger towns of Kilmarnock, Ayr, Irvine and Largs. There are many amenities close by, including Aldi and Sainsbury's supermarkets, restaurants and pubs, and much more.
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Vacant One Bedroom Flat in Seaside Town
Potential End-Market Rental Income of £450pcm with Internal Modernisation
Ideal for Investors and First Time Buyers
* 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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