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Description

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

Two Bedroom Main Door Ground Floor Flat with Gardens. Rental: £350 per month since 2014. SALE: 47, Ravenscraig Road, Stewarton, KA3 3AQ sold for £120,000 (August 2024). Freehold Residential Sale.

COMPRISES: Reception Hallway, Lounge, Two Double Bedrooms, Kitchen and Bathroom. Stewarton Train station within walking distance. Public play area and Sports centre for children located nearby.

House prices in KA3 3AQ have an overall average of £120,000 over the last year. Overall, the historical sold prices in KA3 3AQ over the last year were 36% up on the 2008 peak of £88,500. Gardens.

High demand rental location on the outskirts of the popular town centre within minutes of Sainsbury's Supermarket and Stewarton Train Station. Rental agreed at £4,200 per annum (£350 pcm).

SUPER RENTAL LOCATION with Stewarton benefitting from substantial levels of modern housing development owing to super location for access to Glasgow via the M77 Motorway and mainline train station.

Two Bedroom Main Door Ground Floor flat with gardens. Rental: £350 per month since 2014. SALE: 47, Ravenscraig Road, Stewarton, KA3 3AQ sold for £120,000 (August 2024). Freehold Residential Sale. Situated within a sought after locale. Spacious accommodation throughout. Close to amenities and transport links. Tenanted Residential Investment. COMPRISES: Reception Hallway, Lounge, Two Double Bedrooms, Kitchen and Bathroom. Stewarton Train station within walking distance. Public play area for children located directly across the road. SALES EVIDENCE: 42, Ravenscraig Road, Stewarton, KA3 3AQ sold for £87,000 (June 2022). 39, Ravenscraig Road, Stewarton, KA3 3AQ sold for £55,550 (July 2021). 51, Ravenscraig Road, Stewarton, KA3 3AQ sold for £85,000 (Dec 2020). ** FIRST TIME AUCTION ENTRY ** Features: Gas central heating with combi boiler and Double Glazing *** FIRST TIME TO MARKET *** *** Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items ***

The village of Stewarton is positioned in the scenic countryside of East Ayrshire approx. 6 miles to the north of Kilmarnock and is known as the Bonnet Toon due to its connection with the wool trade and manufacture for over 4 centuries. Good range of local shopping within the village, a railway station and local schooling. Sitting on a popular residential street within the quiet town of Stewarton. The property sits close to an extensive range of amenities, including supermarket and retail shopping, schools and excellent regular rail links to Glasgow and the surrounding areas. The A77/M77 is within close proximity providing a swift commute to Glasgow and the nearby town of Kilmarnock. There are excellent public transport services offering regular bus and rail links to Glasgow, Kilmarnock, Ayr and throughout the West coast of Scotland. The local train station (Stewarton) is within easy walking distance from the property and all the day-to-day amenities are located along the Main Street within this friendly local community.

Full Address: 33 Ravenscraig Road, Stewarton, KA3 3AQ

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Annual
Rent: £4,200 per year / £350 per month
Yield: 21% (approx)
Tenant: Private Individual
Notes: £350 per month since 2014. Low rent - Rent should be around £600 per month.

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Pricing Information & Bidding

Opening Bid: £20,000

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: 06 February 2025, 10am-3pm
Type: Timed Online Auction

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