Prime Property Auctions New Entry. Tenanted 2 bedroom Investment Property. * High Yielding Tenanted Investment ** 16 Victoria Street, Ayr, KA8 0DN sold for £68,500 August 2023, 8 Victoria Street, Ayr, KA8 0DN sold for £52,000 October 2021 *Property is currently tenanted at £399 per calendar month. This generates an annual gross income of £4,788 giving an incredible yield of 19% if achieved for Guide price of £25,000Rental Potential of £500 - £600 pcm this would give an annual income of £6,000 - £7,200. Sure to appeal to investors looking for High yielding Investment Opportunity.Ayr is a popular coastal market town with a population of circa 46,000 persons and is the principal commercial town in Ayrshire benefiting from excellent transport links
Prime Property Auctions New Entry. Tenanted 2 bedroom Investment Property. * High Yielding Tenanted Investment * Property comprises : 2 Bedrooms, lounge, bathroom and kitchen.
Property is currently tenanted at £399 per calendar month. This generates an annual gross income of £4,788 giving an incredible yield of 19% if achieved for Guide price of £25,000. Rental Potential of £500 - £600 pcm this would give an annual income of £6,000 - £7,200. Sure to appeal to investors looking for High yielding Investment Opportunity.
Property is located in a sought-after street in Ayr. * 16 Victoria Street, Ayr, KA8 0DN sold for £68,500 August 2023, 8 Victoria Street, Ayr, KA8 0DN sold for £52,000 October 2021 *
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 £25,000 and is sure to appeal to investors. IMMEDIATE CASH PRODUCING INVESTMENT
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.
Location:
Ayr is a very popular coastal market town with a population of circa 46,000 persons and is the principal commercial town in Ayrshire benefiting from excellent transport links. The beach front and town centre are within walking distance of the property. Nearby occupiers include The Wallace Tower, Boots the Chemist, Burger King, Mothercare & Iceland. Ayr is approximately 36 miles south west of Glasgow. With a resident population of 50,000. Ayr has a catchment population of over 100,000 and has a strong tradition as a market and tourist town with nearby attractions including Royal Troon Golf Course and Prestwick International Airport
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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