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Guide Price
£25,000


SUBMIT OFFERS BY

28 February 2025, 12pm

Map & Location

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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Vacant
  • Bedrooms: 3
  • Council Tax: Search

***Amazing low cost investment opportunity*** Low cost / high yield property. Potential rental income up to £600 pm / £7,200 pa. Which represents a potential yield of 28% against current guide price**

***Large apartment comprising, hallway, lounge, kitchen, bathroom and 3 bedrooms. Gas central heating. Located in the town centre close to all shops and amenities***

***The property requires a degree of internal decoration which would enhance the value and appeal. Ideal purchase for first time buyer / investor with massive potential rental returns***

***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)***

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.

***Amazing low cost investment opportunity*** Low cost / high yield property. Potential rental income up to £600 pm / £7,200 pa. Which represents a potential yield of 28% against current guide price*** ***Large apartment comprising, hallway, lounge, kitchen, bathroom and 3 bedrooms. Gas central heating. Located in the town centre close to all shops and amenities*** ***The property requires a degree of internal decoration which would enhance the value and appeal. Ideal purchase for first time buyer / investor with massive potential rental returns*** ***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)*** ***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***

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 Kirk Street, Campbeltown, PA28 6BL

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Pricing Information & Bidding

Guide Price: £25,000


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: 28 February 2025, 12pm
Type: Deadline for Offers

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