1 bedroom flat for sale
Key information
Property description & features
- Tenure: Freehold
- Prime Property Auctions New Entry. Large 1 Bedroom flat in need of renovations. Sure to appeal to landlord looking for High yielding property.
- * 1 Galloway Place, Saltcoats, Ayshire, KA21 5BD previously sold for £75,000, 7 Winton Street, Saltcoats, KA21 5BN sold for £118,000 June 2023 *
- Property will require full renovation prior to habitation. Sure to appeal to investors/buy to let landlords looking for High yielding investment opportunity.
- Property would attract a monthly rental of £475 - £525 once renovated. This would generate an annual income of £5,700 - £6,300.
- Close to a range of local amenities, supermarkets, leisure facilities, doctors / dental surgeries all of which are within comfortable walking distance.
- Prime Property Auctions New Entry. Large 1 Bedroom flat in need of renovations. Sure to appeal to landlord looking for High yielding property.
- * 1 Galloway Place, Saltcoats, Ayshire, KA21 5BD previously sold for £75,000, 7 Winton Street, Saltcoats, KA21 5BN sold for £118,000 June 2023 *
- Property will require full renovation prior to habitation. Sure to appeal to investors/buy to let landlords looking for High yielding investment opportunity.
- Property would attract a monthly rental of £475 - £525 once renovated. This would generate an annual income of £5,700 - £6,300.
- Close to a range of local amenities, supermarkets, leisure facilities, doctors / dental surgeries all of which are within comfortable walking distance.
Prime Property Auctions New Entry. Large 1 Bedroom flat in need of renovations. Sure to appeal to landlord looking for High yielding property. Property comprises communal entrance hallway, entrance hall, bathroom, living room, gala style kitchen and double bedroom.
Property will require full renovation prior to habitation. Sure to appeal to investors/buy to let landlords looking for High yielding investment opportunity.
Property would attract a monthly rental of £475 - £525 once renovated. This would generate an annual income of £5,700 - £6,300. This would generate gross yield of 16.3% - 18% if achieved for Guide price of £35,000.
The area has some fantastic sales on the surrounding streets, which may be a sign of capital growth potential.
* 1 Galloway Place, Saltcoats, Ayshire, KA21 5BD previously sold for £75,000, 7 Winton Street, Saltcoats, KA21 5BN sold for £118,000 June 2023 *
Excellent BRRR Opportunity. Sure to appeal to investors looking for an easy lettable flat in a up and coming location with great potential for Capital Growth. The local areas seen some great sales recently showing that there is strong demand.
Property has a Guide price of £35,000 and is sure to appeal to investors looking for a property that they can put their own stamp on.
Potentially high yielding investment property.
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.
This property is offered at a fantastic price to ensure an Auction sale.
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.
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Property reference 203544579. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions - Glasgow.
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Broadband availability and predicted speed: obtained from Ofcom on April 29, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on April 29, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on January 20, 2020 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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