St Germain Street, Flat 1

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St Germain Street, Flat 1

St Germain Street, Flat 1-1, Catrine, Ayrshire KA5
£16,000

Price History

Initial price £28,000
20/02/24 £20,000
24/02/24 £28,000
02/03/24 £20,000
09/03/24 £28,000
16/03/24 £20,000
23/03/24 £28,000
29/03/24 £20,000
06/04/24 £28,000
12/04/24 £20,000
20/04/24 £28,000
27/04/24 £20,000
04/05/24 £27,000
11/05/24 £20,000
18/05/24 £27,000
23/05/24 £19,000
01/06/24 £28,000
07/06/24 £20,000
27/07/24 £28,000
03/08/24 £20,000
11/01/25 £19,000
25/01/25 £20,000
03/05/25 £19,000
05/06/25 £20,000
06/06/25 £19,000
13/06/25 £20,000
25/06/25 £16,000
Price Change -42.86%

Description

This is an immediate income-producing investment opportunity in the historic village of Catrine, Ayrshire. The property is a one-bedroom, first-floor flat that is currently tenanted, generating a low rent of £249 per month (£2,988 per annum). However, with some renovation, the property has the potential to generate a much higher rent of up to £400 per month (£4,800 per annum), providing an exceptional return on investment. The property benefits from shared garden grounds to the rear and is located in a popular rental area with high demand and potentially high yields. The village of Catrine is easily accessible to larger towns and cities, including Kilmarnock, Ayr, and Glasgow. This is a perfect investment opportunity for those looking to generate a steady income and potentially benefit from capital growth.