2 bedroom flat for sale

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2 bedroom flat for sale

Victoria Street, Ayr KA8
£22,000

Price History

Initial price £25,000
04/10/24 £22,000
Price Change -12.00%

Description

This tenanted 2-bedroom investment property in Ayr, Scotland, offers a high-yielding opportunity for investors. The property is currently generating an annual gross income of £4,788, giving an incredible yield of 19% if achieved for the guide price of £25,000. With rental potential of £500-£600 per calendar month, the annual income could increase to £6,000-£7,200. Located in a sought-after street, the property is within walking distance of the beach and town centre, with nearby occupiers including well-known high-street brands. The property has a guide price of £25,000 and is open to immediate offers, making it an excellent BRRR (buy, renovate, rent, and refinance) opportunity with potential for capital growth.