Prime Property Auctions is excited to present this exceptional residential development opportunity, 2 bedroom spacious mid terrace flat, located within a prime location in Kilbirnie - *Guide price £50,000*

*35, Auchenhove Crescent, Kilbirnie, Ayr KA25 7HB sold for £85,000, 9, Redheugh Court, Kilbirnie, Ayrshire KA25 7JN sold for £165,000, 79, Auchenhove Crescent, Kilbirnie, Ayrshire KA25 7EY sold for £81,500*Once fully renovated, for rental purposes, the property could command a rental income of 550 - 695pm/ £6600- £8340 pa, which would provide an exceptional gross yield of 13.2% -16.6% based on a guide price of £50,000.

Sure to appeal to shrewd builders/investors/developers looking for a rare project with remarkable capital growth potential.

Property is situated within a sought after location in the heart of Kilbirnie, close to local amenities such as many popular bars and restaurants.

Prime Property Auctions is excited to present this exceptional residential development opportunity, 2 bedroom spacious mid terrace flat, located within a prime location in Kilbirnie - *Guide price £50,000*

Property Comprises: Hallway Entrance, 2 Bedroom, Bathroom, Kitchen, Living Room and ample storage space. Needs full renovation.

Sure to appeal to shrewd builders/investors/developers looking for a rare project with remarkable capital growth potential.

Property is situated within a sought after location in the heart of Kilbirnie, close to local amenities such as many popular bars and restaurants.

Once fully renovated, could achieve rental income of 550 - 695pm/ £6600- £8340 pa, which would provide an exceptional gross yield of 13.2% -16.6% based on a guide price of £50,000

Sales evidence:

*35, Auchenhove Crescent, Kilbirnie, Ayr KA25 7HB sold for £85,000, 9, Redheugh Court, Kilbirnie, Ayrshire KA25 7JN sold for £165,000, 79, Auchenhove Crescent, Kilbirnie, Ayrshire KA25 7EY sold for £81,500*

The local areas have seen some great sales recently showing that there is strong demand recently, should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

This lot is open to immediate offers. Swing that there is strong demand.

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, nestled in North Ayrshire, presents an enticing investment opportunity with its strategic location and potential for development. As a historic town with a strong sense of community, Kilbirnie offers various investment prospects across sectors such as real estate, retail, and leisure. Its proximity to major transportation routes and urban centres 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 growth and prosperity as a vibrant community in Scotland.

This property is no longer available

Floorplans

2 bedroom terraced house for sale