1 bedroom flat for sale

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1 bedroom flat for sale

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.