1 bedroom flat for sale

>

1 bedroom flat for sale

17 McGregor Avenue, Stevenston, KA20 4BA
£22,000

Price History

Initial price £36,000
25/05/24 £30,000
26/10/24 £22,000
Price Change -38.89%

Description

This is a prime buy-to-let investment opportunity in a popular location in Ayrshire. The property is a one-bedroom flat that is currently tenanted, generating an annual income of £5,100, which provides a gross yield of 14.2% at a guide price of £36,000. The property has a potential rental value of £475-£550 per month, which would increase the annual income to £5,700-£6,600. The location is close to a supermarket and retail park, with excellent road and transport links. The property is sure to appeal to buy-to-let investors looking for an affordable investment with great potential for capital growth.