2 bedroom property

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• Prime Property Auctions is excited to bring to market this exceptional Commercial/Residential Opportunity located within a prime location in Kilbirnie. *Guide of £130,000*

 

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• Residential unit, 2 bedroom flat NOW VACANT, was achieving a rental income of £500 pm/ (£6000 pa). Combined residential and commercial rental attract an excellent 10.1% gross yield if achieved for the guide price of £130,000.

 

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• Commercial unit currently operating as a local newsagents with alcohol licence and achieving rental income of 600 pm/ (7200 pa). *Rateable value £5,300* 

 

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• * 48, Bathville Road, Kilbirnie, Ayrshire KA25 6AH sold for £90,000. 12, Dennyholm Wynd, Kilbirnie, Ayrshire KA25 6HG previously sold for £95,000. 14, Muirend Street, Kilbirnie, Ayrshire KA25 7DQ sold for £100,000*

 

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• Property is located in a popular location in Kilbirnie. Fantastic Capital growth potential. Sure to appeal to builders/investors looking for Rare auction property.

Prime Property Auctions is excited to bring to market this exceptional Commercial/Residential Opportunity located within a prime location in Kilbirnie. *Guide of £130,000*

 

Commercial & Residential units both included in this sale!

 

Residential unit comprises: Hallway Entry, 2 Spacious Bedroom, Bathroom, Kitchen, Living Room and Attic space with ample storage. 

 

Commercial unit comprises: Large shop area, Kitchen Area, WC and Storage area

 

Prime Opportunity for Commercial investors looking for a property  in an excellent location with high yield potential. Sure to appeal to investors looking for an affordable commercial investment opportunity. 

 

Sale Evidence: 

* 48, Bathville Road, Kilbirnie, Ayrshire KA25 6AH sold for £90,000. 12, Dennyholm Wynd, Kilbirnie, Ayrshire KA25 6HG previously sold for £95,000. 14, Muirend Street, Kilbirnie, Ayrshire KA25 7DQ sold for £100,000*

 

Combined residential and commercial rental attract an excellent 10.1% gross yield if achieved for the guide price of £130,000. Residential unit on council Tax Band B. 

 

Commercial unit currently operating as a local newsagents with alcohol licence and achieving rental income of 600 pm/ (7200 pa). *Rateable value £5,300*

 

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “OFFER NOW” 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.

 

Location: 

 

Kilbirnie, situated in North Ayrshire, presents a promising investment opportunity with its strategic location and potential for growth. As a historic town with a strong sense of community, Kilbirnie offers a range of investment prospects across various sectors, including real estate, retail, and leisure. Its proximity to major transportation routes and urban centers makes it an attractive destination for businesses and residents alike. Investors can capitalise on Kilbirnie's charm and character by supporting local businesses, infrastructure projects, and community initiatives. Additionally, the town's natural surroundings and recreational amenities provide opportunities for tourism and outdoor leisure developments. Investing in Kilbirnie not only promises financial returns but also contributes to the town's ongoing development and prosperity as a vibrant and thriving community in Scotland.