1 bedroom flat for sale

• PRIME NEW LISTING. We are excited to present this vacant studio flat located within a prime location in Largs, Ayrshire.

• *17 Cumbrae Court, Nelson Street, Largs KA30 8LG sold for £80,000 in March 2023, 75a Seamore Street, Largs KA30 9AW sold for £78,000 in May 2022*

• Excellent serviced accommodation opportunity. studio rates in area from £65/night (subject to planning). At 70% occupancy, potential income £1,320 PCM (£15,841 P/A) — delivering an impressive 63.3% gross yield at guide price.

• Potential BRRR (Buy, Refurbish, Rent, Refinance) opportunity. It is sure to appeal to shrewd builders, investors, or developers looking for a rare project with remarkable capital growth potential.

• The property is located near a multitude of local amenities including restaurants and coffee shops. It is also conveniently close to schools, with public transport easily accessible nearby.

PRIME NEW LISTING. We are excited to present this vacant studio flat located within a prime location in Largs, Ayrshire.



The property comprises a welcoming hallway entry, a versatile living room/bedroom space, a well-equipped kitchen, and a modern toilet with a shower.



Property has been deemed as uninhabitable



Potentially excellent opportunity for serviced accommodation, with rates for similar properties in the area starting from around £65 per night (subject to gaining necessary planning consents) At 70% occupancy per month, unit could achieve £1,320PCM (£15,841 P/A) which would generated an incredible 63.3% gross yield if secured at the guide



Potential BRRR (Buy, Refurbish, Rent, Refinance) opportunity. It is sure to appeal to shrewd builders, investors, or developers looking for a rare project with remarkable capital growth potential.



The property is located near a multitude of local amenities including restaurants and coffee shops. It is also conveniently close to schools, with public transport easily accessible nearby.



The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.



Excellent sales evidence in the area:

*17 Cumbrae Court, Nelson Street, Largs KA30 8LG sold for £80,000 in March 2023, 75a Seamore Street, Largs KA30 9AW sold for £78,000 in May 2022*



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

Largs, Ayrshire is a charming coastal town known for its stunning sea views and vibrant community. Offering an array of recreational activities, it boasts excellent local amenities, including shops, cafes, and beautiful public parks. With its rich history and cultural attractions, Largs is a sought-after location for both residents and visitors alike.