OPENING BID

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23 April 2021, 10am-4pm

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  • TypeFlat
  • Ownership Freehold
  • Occupation Tenanted
  • Bedrooms 6
  • Council Tax Search SAA

Description

Full Address:  Tenanted Portfolio, Ayrshire, KA21 5PG

PRIME INVESTMENT OPPORTUNITY. PORTFOLIO OF 4X TENANTED PROPERTIES IN AYRSHIRE. Current rental income of 14,820 per annum giving excellent return on investment. Certain to appeal to investors.

1/1 57 West Main St Darvel 1bed tenanted at 3,300.00 1/1 117 West Main St Darvel, KA17 0HA, 2 bed flat tenanted at 3,900.00 G/1 117 West Main St Darvel, KA17 0HA,1 bed ground floor flat tenanted at 3,300.00 2D Thomas Cambell St, Saltcoats, KA21 5PG, 2 bed 1st floor flat- tenanted at 4,320.00

Properties are located in the popular rental locations of Saltcoats, North Ayrshire and Darvel, East Ayrshire. Both popular commuter locations offering access to Glasgow City Centre in under 45 minutes.

REALISTIC POTENTIAL RENTALS: 1/1 57 West Main St, Darvel- 4,800 (400pcm) 1/1 117 West Main St Darvel- 4,800 (400pcm) G/1 117 West Main St Darvel- 4,800 (400pcm) 2D Thomas Campbell St, Saltcoats- 5,400 (450pcm)

POTENTIAL RENTAL INCOME OF 19,800 per annum if all properties achieving potential rent. Easy to let locations with excellent shopping and transport.

PRIME INVESTMENT OPPORTUNITY. PORTFOLIO OF 4X TENANTED PROPERTIES IN AYRSHIRE. Current rental income of 14,820 per annum giving excellent return on investment. Certain to appeal to investors. 1/1 57 West Main St Darvel 1bed tenanted at 3,300.00 1/1 117 West Main St Darvel, KA17 0HA, 2 bed flat tenanted at 3,900.00 G/1 117 West Main St Darvel, KA17 0HA,1 bed ground floor flat tenanted at 3,300.00 2D Thomas Cambell St, Saltcoats, KA21 5PG, 2 bed 1st floor flat- tenanted at 4,320.00 REALISTIC POTENTIAL RENTALS: 1/1 57 West Main St, Darvel- 4,800 (400pcm) 1/1 117 West Main St Darvel- 4,800 (400pcm) G/1 117 West Main St Darvel- 4,800 (400pcm) 2D Thomas Campbell St, Saltcoats- 5,400 (450pcm) POTENTIAL RENTAL INCOME OF 19,800 per annum if all properties achieving potential rent. Easy to let locations with excellent shopping and transport. Properties are located in the popular rental locations of Saltcoats, North Ayrshire and Darvel, East Ayrshire. Both popular commuter locations offering access to Glasgow City Centre in under 45 minutes.

According to a 2020 survey carried out by Zoopla: Ayrshire and Inverclyde are considered to be 2 of the top 3 buy to let investment areas in the whole of the UK . The properties are situated in an established residential area in the centre of Darvel where surrounding properties are of a variety of types, some being similar. Local amenities are available within convenient walking distance from the property. Darvel is a popular residence for health professionals at Crosshouse Hospital. Also, the birthplace of Alexander Fleming it is located on the A71 which runs between Irvine & Edinburgh. There are excellent road links with Newmilns offering easy access to both the M77 and the M74 Motorway via Stonehouse and Strathaven. Close proximities to Co-op Food supermarket, Ladbrokes, Darvel Primary School, Newmilns Snow & Sports Complex and much more - Close to Ayr, Kilmarnock, Prestwick and Strathaven. Saltcoats and nearby Ardrossan offer a range of local amenities including beach, local shops, supermarkets, restaurants, schools, train stations and bus services. There is a regular ferry service to the Isle of Arran from Ardrossan. markets, cafe's and restaurants.

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Rolling
Rent: 14,820 per year / 1,235 per month
Yield: 11% (approx)
Tenant: Private Individual
Notes: Professionally managed

Document Downloads

  LEGAL PACK (Pending)

Location

Pricing Information & Bidding

Opening Bid: £115,000

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 2.5% of Sale Price (Minimum £2,500 + vat)

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

Auction Details

Date & Time: 23 April 2021, 10am-4pm
Type: Timed Online Auction

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