OPENING BID

Timed Online Auction

27 January 2022, 10am-3pm

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

Description

Full Address: 41 West Main Street, G2, Darvel, KA17 0EB

1 BEDROOM GROUND FLOOR FLAT located in the heart of the popular rental location of Darvel in Ayrshire. *PERFECT INVESTMENT PROPERTY in popular commuter location*

Property comprises :: entrance hall, living room/kitchen, one bedroom and bathroom. LET at 295per month (3,540 per annum). Perfect passive income investment. Property is professionally managed.

Sure to appeal to Buy To Let Investors looking for a high yielding investment. Would make a great addition to investors buy to let portfolio. ***GREAT CAPITAL GROWTH POTENTIAL ***

Local Sales Evidence; 12/1, West Donington Street, Darvel, KA17 0AP (2 bed) SOLD for 53,000 in March 2021*** 109, West Main Street, Darvel, KA17 0HA (2 bed) SOLD for 52,500 in Aug 2020***

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

2 BEDROOM GROUND FLOOR FLAT located in the heart of the popular rental location of Darvel in Ayrshire. *PERFECT INVESTMENT PROPERTY in popular commuter location* Property comprises : entrance hall, living room/kitchen, one bedroom and bathroom. LET at 295 per month (3,540 per annum). Perfect passive income investment. Property is professionally managed. Sure to appeal to Buy To Let Investors looking for a high yielding investment. Would make a great addition to investors buy to let portfolio. ***GREAT CAPITAL GROWTH POTENTIAL *** Local Sales Evidence; 12/1, West Donington Street, Darvel, KA17 0AP (2 bed) SOLD for 53,000 in March 2021*** 109, West Main Street, Darvel, KA17 0HA (2 bed) SOLD for 52,500 in Aug 2020*** EXTREMELY POPULAR RENTAL LOCATION ideal for commuters with easy access to Kilmarnock and Glasgow via the nearby M77.

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: 3,540 per year / 295 per month
Yield: 12% (approx)
Tenant: Private Individual
Notes: Tenant moved in July 2021

Document Downloads

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Location

Pricing Information & Bidding

Opening Bid: £23,000

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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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: 27 January 2022, 10am-3pm
Type: Timed Online Auction

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