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1 bedroom flat for sale
St Germain Street, Flat 1-1, Catrine, Ayrshire KA5
£20,000
St Germain Street, Flat 1-1, Catrine, Ayrshire KA5
£20,000
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 |
Price Change | -28.57% |
Description
This is an investment opportunity to purchase a 1-bedroom, first-floor flat in the historic village of Catrine, Ayrshire, Scotland. The property is currently tenanted and generating a low rent of £249 per month, with potential to increase to £400 per month, offering a high return on investment. The property benefits from shared garden grounds and is located in a popular rental area with high demand. The village of Catrine is situated near Kilmarnock, Ayr, and Glasgow, making it easily accessible. The property is being sold through a timed online auction, with a reduced buyers' fee of 3% of the sale price. The current market value of similar properties in the area is £42,000, making this a potential investment opportunity for those looking to generate rental income and potentially increase in value over time.