Timed Online Auction

27 January 2022, 10am-3pm

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  • TypeFlat
  • Ownership Freehold
  • Occupation Tenanted
  • Bedrooms 3
  • Council Tax Search SAA

Description

Full Address: 8 Knoxville Road, 1st Floor, Kilbirnie, KA25 7EB

3 Bedroom, 1st floor flat presented in READY TO LET CONDITION with EICR and smoke alarms in place for rental. Currently LET for 425 per month (5,100 per annum). HIGH DEMAND RENTAL LOCATION.

LET PROPERTY comprises entrance hallway, Lounge, Kitchen, Bathroom and 3 Bedrooms. (2 Double and 1 Single). Enhanced by GCH with combi boiler and Double Glazing.

POPULAR RENTAL LOCATION with excellent payment history. Settled Tenants. Great commuter location near to Largs with Paisley and Glasgow within 25 minutes. Train link available at Glengarnock.

***RESIDENTIAL INVESTMENT PROPERTY *** IDEAL ADDITION TO ANY BUY-TO-LET PORTFOLIO with RENTAL yield of around 19%. Well-maintained building and common areas and unobstructed COUNTRYSIDE views.

The historic town of Kilbirnie, is located centrally within North Ayrshire on the Garnock valley. The property itself is convenient for new modern TESCO and town centre. Access to bus and rail routes.

3 Bedroom, 1st floor flat presented in READY TO LET CONDITION with EICR and smoke alarms in place for rental. Currently LET for 425 per month (5,100 per annum). HIGH DEMAND RENTAL LOCATION. LET PROPERTY. COMPRISES: Entrance Hallway, Lounge, Kitchen, bathroom and 3 Bedrooms (2 Double and 1 single). Enhanced by double glazing, Gas Central Heating and attractive elevated views to front. Kilbirnie is ideally located for A737 and M8 routes to Paisley and Glasgow to the North and Irvine to the West. Well-maintained building and common areas and unobstructed COUNTRYSIDE views. The property itself is convenient for modern TESCO supermarket and town centre amenities *** PERFECT INVESTMENT PROPERTY *** READY LET 3 bedroom tenement flat located close to the centre of the HIGH DEMAND RENTAL town of Kilbirnie in North Ayrshire. The semi-rural town of Kilbirnie, is located within North Ayrshire on the Garnock valley between Largs (15 mins) and Lochwinnoch (10 mins).

The historic town of Kilbirnie, is located centrally within North Ayrshire on the Garnock valley. The property itself is convenient for new modern TESCO and ideally located to link with the A737/M8 to Paisley, Glasgow - circa 35 minutes - and Glasgow International Airport, with highly acclaimed shopping facilities. Alternatively the Ayrshire coast including popular Largs, is a short drive away. Glasgow International Airport (25 mins) and Prestwick Airport (40 mins). Kilbirnie is in North Ayrshire and lies on the main road between Largs (15 mins) and Lochwinnoch (10 mins). The premises maintain a prominent presence for passing trade. The town lies on the A760 extending south west to Largs, whilst the A737 is located a short drive away.

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Floorplans

8  Knoxville Road, 1st Floor  Kilbirnie

Click to Enlarge Floorplan Image

Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Annual
Rent: 6,600 per year / 550 per month
Yield: 17% (approx)
Tenant: Private Individual
Notes: Currently LET on PRT Agreement (Private Residential Tenancy) for 425 per month (5,100 per annum). All certificates in place for rental.

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Location

Pricing Information & Bidding

Opening Bid: £29,000

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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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