Timed Online Auction

23 September 2021, 10am-3pm

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  • TypeFlat
  • Ownership Freehold
  • Occupation Tenanted
  • Bedrooms 1
  • Council Tax Search SAA

Description

Full Address: 40 East Main Street, Flat G-2, Darvel, KA17 0HP

Tenanted Investment Opportunity. Good Sized 1 bedroom flat located in a popular buy to let location. Property is currently let at 80 per week. ***EARLY OFFERS CONSIDERED ***

Sure to appeal to Buy to let investors looking for a easy rental providing a great yield. Long Term tenant in situ paying 80 per week. This produces an Excellent yield, providing great cashflow.

The accommodation comprises of: entrance hall, living room/kitchen, one bedroom and bathroom. EPC RATING E

13 % Yield if achieved for Guide price of 32,000. Property will be sold with the tenants in situ and will provide Immediate cashflow for new buyer.

EXTREMELY POPULAR RENTAL LOCATION ideal for commuters with easy access to Kilmarnock and Glasgow via the nearby M77.

Tenanted Investment Opportunity. Good Sized 1 bedroom flat located in a popular buy to let location. Property is currently let at 80 per week. ***EARLY OFFERS CONSIDERED *** The accommodation comprises of: entrance hall, living room/kitchen, one bedroom and bathroom. EPC RATING E Sure to appeal to Buy to let investors looking for a easy rental providing a great yield. Long Term tenant in situ paying 80 per week. This produces an Excellent yield, providing great cashflow. 13 % Yield if achieved for Guide price of 32,000. Property will be sold with the tenants in situ and will provide Immediate cashflow for new buyer. Property greatly benefits from a longstanding tenant and is currently managed by a letting agent. Sure to appeal to buy to let landlords looking for an easy rental to add to their portfolio.

The property is 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

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Rolling
Rent: 4,160 per year / 347 per month
Yield: 12% (approx)
Tenant: Private Individual
Notes: Longstanding Tenant. Tenant in situ since November 2014

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Location

Pricing Information & Bidding

Opening Bid: £27,000

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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Offer Now... You may submit an offer now on this property for the owner to consider. 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 = 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 September 2021, 10am-3pm
Type: Timed Online Auction

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