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