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St Germain Street, Flat 1
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 |
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.