1 bedroom flat for sale
Key information
Property description & features
- Tenure: Freehold
- Prime Property Auctions New Entry. Tenanted 1 Bedroom flat located in the popular buy to let location in Ayshire. * OPEN TO OFFERS *
- * 49 McGregor Avenue, Stevenston, KA20 4BA sold for £55,000 October 2023, 87 McGregor Avenue, Stevenston, KA20 4BA sold for £75,000 2021 *
- Property is currently tenanted at £425 per calendar month providing an annual income of £5,100, giving a gross yield of 14.2% at Guide of £36,000.
- Property has a potential rental of £475 - £550 pcm. This would provide a gross annual income £5,700 - £6,600.
- Property is sure to appeal to buy to let investor looking for an affordable investment providing great return. Property is located close to the supermarket and retail park, with excellent road and tr
- Prime Property Auctions New Entry. Tenanted 1 Bedroom flat located in the popular buy to let location in Ayshire. * OPEN TO OFFERS *
- * 49 McGregor Avenue, Stevenston, KA20 4BA sold for £55,000 October 2023, 87 McGregor Avenue, Stevenston, KA20 4BA sold for £75,000 2021 *
- Property is currently tenanted at £425 per calendar month providing an annual income of £5,100, giving a gross yield of 14.2% at Guide of £36,000.
- Property has a potential rental of £475 - £550 pcm. This would provide a gross annual income £5,700 - £6,600.
- Property is sure to appeal to buy to let investor looking for an affordable investment providing great return. Property is located close to the supermarket and retail park, with excellent road and transport links.
Prime Property Auctions New Entry. Tenanted 1 Bedroom flat located in the popular buy to let location in Ayshire. * OPEN TO OFFERS *. Property comprises: Entrance stairway, Living room, double bedroom, Kitchen and Bathroom. Lounge: 4.20 x 4.20 m, Kitchen: 2.90 x 2.90 m
Bedroom: 3.80 x 3.30 m, Shower Room: 1.80 x 1.40 m.
Property is currently tenanted at £425 per calendar month providing an annual income of £5,100, giving a gross yield of 14.2% at Guide of £36,000. Property has a potential rental of £475 - £550 pcm. This would provide a gross annual income £5,700 - £6,600. Should the rent be increased to market rate it would provide a gross yield of 15.8% - 18.3% if achieved for Guide.
Local sales:
* 49 McGregor Avenue, Stevenston, KA20 4BA sold for £55,000 October 2023, 87 McGregor Avenue, Stevenston, KA20 4BA sold for £75,000 2021 *
Property is sure to appeal to buy to let investor looking for an affordable investment providing great return. Property is located close to the supermarket and retail park, with excellent road and transport links.
Excellent BRRR Opportunity. Sure to appeal to investors looking for an easy lettable flat in a sought after 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 £36,000 and is sure to appeal to investors. IMMEDIATE CASH PRODUCING INVESTMENT
High yielding investment property. Currently giving a gross yield of 14.2%.
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.
Location:
Stevenston town centre is just a minutes walk away and is host to a number of local amenities, doctors and dental surgeries and frequent transport links to Ayr, Largs and Glasgow. Stevenston is a town and parish in North Ayrshire, Scotland. Along with Ardrossan and Saltcoats it is one of the "Three Towns", all of similar size, on the Firth of Clyde coast; the easternmost parts of Stevenston are about 1⁄2 mile from western parts of Kilwinning, the A78 trunk road runs between the settlements.
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Property reference 205529572. 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 January 10, 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 January 10, 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 9, 2023 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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