St Germain Street, Flat 1

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St Germain Street, Flat 1

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
11/01/25 £19,000
25/01/25 £20,000
Price Change -28.57%

Description

This is an immediate income-producing investment opportunity in the historic village of Catrine, Ayrshire. The property, a one-bedroom first-floor flat, is currently tenanted at a low rent of £249 per month, but has the potential to increase to £400 per month, providing an exceptional return on investment. The property benefits from shared garden grounds and is located in a popular rental area with high demand. The village is situated near Kilmarnock, Ayr, and Glasgow, making it an attractive location for investors. The property is being sold as a freehold and has already seen capital growth, with similar properties in the area selling for £42,000 and £48,500 in recent years. The property will be auctioned online on February 6, 2025, and is expected to generate significant interest from investors.