1C Kings Court, Ayr, Ayrshire, KA8 0AD

  • Unconditional Online Auction Sale
  • Guide Price* : £44,000

FOR SALE BY ONLINE AUCTION THURSDAY 23RD MARCH 2023 AT 9.00AM *** EXCELLENT PROJECT FOR DEVELOPERS*** Centrally located, two bedroom upper flat in Ayr, with a potential rental income in the region of £600pcm. Giving an outstanding yield of 16% at guide price.

Description

FOR SALE BY ONLINE AUCTION THURSDAY 23RD MARCH 2023 AT 9.00AM *** EXCELLENT PROJECT FOR DEVELOPERS*** Centrally located, two bedroom upper flat in Ayr, with a potential rental income in the region of £600pcm. Giving an outstanding yield of 16% at guide price.

• Fabulous 2 bedroom flat in Town centre**Externally Modernised (Fully paid for)***Estimated rental value of: £600pcm (£7,200 per annum)***Would lead to a rental return of 16%***Strong tenant demand in Great rental location with excellent amenities.

• The accommodation comprises of: Entrance hallway, Lounge, Kitchen, 2 x double bedrooms (1 with balcony) and Shower room. The property benefits from having electric heating & double glazing***Requires internal modernisation*** Well placed for access to the town centre which offers a wide range of amenities & excellent retail shopping facilities

• ***SALES: Flat 1D Kings Court Sold £47.5k (Nov 16)**1H Kings Court Sold £49k**1B Kings Court Sold £58k**1C Kings Court Sold £63k***MUST BE SOLD***

• AYR TOWN CENTRE IS UNDERGOING A MASSIVE REGIONAL REDEVELOPMENT PROGRAMME*** Ideally located, Ayr Town Centre which is a 13 minute walk from the property (0.7 miles). The property further benefits from being a short walk from Ayr train station which provides excellent transport links to Kilmarnock & Glasgow. Ayr has two railway stations offering regular services to and from Glasgow Central

• RARE Opportunity***to acquire a potentially very high yielding property. Estimated Achievable rental value of £600pcm (£7,200 per annum) Giving an outstanding yield of 16% at guide price, an excellent return on a heavily discounted property***PRICED TO SELL***

Externally Refurbished 2 Bedroom purpose built flat located close to Ayr Town centre benefiting from having electric heating, Double Glazing & Balcony. This fabulous flat comprises: fabulous lounge, breakfasting kitchen, 2 double bedrooms and balcony***Great Location*** Estimated Achievable rental value of £600pcm (£7,200 per annum)***Ideal Buy to Let Opportunity with strong local tenant demand***NEAR TRAIN STATION and Excellent Town Centre Location***Well placed for a wide range of amenities & excellent retail shopping facilities. Ideally located close to Ayr Town Centre. Minutes from Ayr train station with excellent transport links to Kilmarnock & Glasgow. Ayr has two railway stations offering regular services to and from Glasgow Central. SALES: Flat 1D Kings Court Sold £47.5k (Nov 16)**1H Kings Court Sold £49k**1B Kings Court Sold £58k**1C Kings Court Sold £63k*** Excellent Potential Super Yield of 15%+ & Likely capital growth due to Massive Town Centre Regional Redevelopment Programme.***MUST SELL**

Key Feature 1

Potential rental income of £600pcm. Outstanding yield of 16% at guide price

Key Feature 2

Great rennovation project

Key Feature 3

Centrally located in high tenant demand area

* 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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