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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 2
  • Council Tax: Search

***High yielding tenanted investment property***Currently rented at £650 pm / £7,800 pa. This represents a rental yield of 20% based on current guide price***

***Two bedroom tenanted maisonette in town centre location. Close to all shops and amenities. Ardrossan railway station and ferry terminal are within immediate reach***

***The property, set out over 2 levels, comprises lounge / kitchen, 2 bedrooms and bathroom. Fitted with double glazing and gas central heating***

***HUGE RENTAL YIELD OF 20% based on current guide price*** Established tenant in place*** Can offer fully managed letting package for investors seeking hands free package***

***The town of Ardrossan forms one of North Ayrshire's three towns, which also includes Stevenston and Saltcoats. It is home to the ruined castle remains on the Castle Hill***

***High yielding tenanted investment property***Currently rented at £650 pm / £7,800 pa. This represents a rental yield of 20% based on current guide price*** ***Two bedroom tenanted maisonette in town centre location. Close to all shops and amenities. Ardrossan railway station and ferry terminal are within immediate reach*** ***The property, set out over 2 levels, comprises lounge / kitchen, 2 bedrooms and bathroom. Fitted with double glazing and gas central heating*** ***HUGE RENTAL YIELD OF 20% based on current guide price*** Established tenant in place*** Can offer fully managed letting package for investors seeking hands free package*** ***The town of Ardrossan forms one of North Ayrshire's three towns, which also includes Stevenston and Saltcoats. It is home to the ruined castle remains on the Castle Hill***

The town of Ardrossan forms one of North Ayrshire's three towns, which also includes Stevenston and Saltcoats. It is home to the ruined castle remains on the Castle Hill which allows beautiful views across the bay to the Isle of Arran and is an ideal picnic spot. Ardrossan boasts two beautiful beaches ideal for those who like walking and cycling located on South Crescent Road and North Crescent Road. Daily access to the Isle of Arran. Ardrossan and nearby Saltcoats offer a range of local amenities including beach, local shops, supermarket, restaurants, schools, train station and bus services there is a regular ferry service to the Isle of Arran from Ardrossan. This excellent property is conveniently situated for all local amenities including road and regular rail links to Glasgow and all West Coast towns and thus is well located for travel throughout West Central Scotland.

Full Address: 10 Princes Place Flat B, Ardrossan, KA22 8HB

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Tenancy Details

Type of Agreement: Basic Lease
Length: rolling
Rent: £7,800 per year / £650 per month
Yield: 23% (approx)
Tenant: Private Individual
Notes:

Document Downloads

Home Report (Available) Legal Pack (Available)

Pricing Information & Bidding

Guide Price: £45,000


What is a Guide Price... Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change prior to the auction.

Offer Now... You may submit an offer now on this property for the owner to consider ahead of the set auction. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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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: 31 January 2025, 12pm
Type: Deadline for Offers

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