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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Vacant
  • Bedrooms: 1
  • Council Tax: Search

One Bedroom first floor apartment within a shared building in central Campbeltown close to all shops and traditional harbour. Perfect for rental or owner occupier. Freehold Sale.

One bedroom Flat with Holiday let potential of up to £12,000-£13,000 or long term rental with £400 pcm for lease. £4,800 per annum. Great opportunity in stunning location. Freehold Residential Sale.

LOCAL SALES EVIDENCE; 11 Main Street, Campbeltown, PA28 6AD sold for £49,000 (August 2021). 11 Mafeking Place, Flat 2/2, Campbeltown, PA28 6JD Sold for £50,000 (April 2021).

TOWN CENTRE LOCATION. Situated on the corner of Burbank Place and Bolam Street within Campbeltown’s centre. close to all local amenities and transport links.

Campbeltown is the main town on the Mull of Kintyre and the population swells during the summer months with many local properties on the peninsula being used as holiday homes. Massive demand locally.

The building comprises a 4 storey residential development of traditional stone construction, rendered in roughcast at ground floor level. Access is gained via Burnbank Place via a controlled entrance door leading to a common stairwell with separate bin store located externally. Features 1 bedroom apartment comprising living room, bathroom, kitchen, storage cupboard and hallway. Holiday let potential or long term rental with £400 pcm for lease. £4,800 per annum. Circa £50,000 Fully Let Rental Potential. More with short term holiday lets. Excellent opportunity in stunning place. Property requiring some refurbishment prior to habitation. TOWN CENTRE LOCATION. Situated on the corner of Burbank Place and Bolam Street within Campbeltown’s centre. close to all local amenities and transport links.

Campbeltown (population 6,000) is the principal town on Kintyre, a long peninsula on the west coast of Scotland with the Atlantic Ocean on its western seaboard and the Kilbrannan Peninsula and Firth of Clyde on the eastern seaboards. The Mull of Kintyre is to the south. It lies some 50 miles south of Lochgilphead and 138 miles south west of Glasgow and is accessible via the A83. The town is popular with tourists and has recently enjoyed a resurgence in popularity due to investment into local leisure facilities, the revival of whisky production and the support of the major wind power industry that has established itself on the peninsula. The harbour is busy with leisure, craft and fishing boats and the surrounding area provides for excellent golfing and water sports opportunities.

Full Address: 2 Mafeking Place, Flat D, Campbeltown, PA28 6JD

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Pricing Information & Bidding

Opening Bid: £5,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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You must bid at the live auction for this lot. You may not submit an offer now on this property as the seller has instructed us to offer this lot at the auction room. View our guide on how to bid at the online auction for further instructions.

Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 12 December 2024, 10am-3pm
Type: Timed Online Auction

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