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1 bedroom flat for sale
17 McGregor Avenue, Stevenston, KA20 4BA
£29,000
Price History
Initial price | £36,000 |
25/05/24 | £30,000 |
26/10/24 | £22,000 |
18/11/24 | £36,000 |
01/04/25 | £29,000 |
Price Change | -19.44% |
Description
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Here is a summary of the property description in a single paragraph without a list:
This one-bedroom flat in Stevenston, Ayrshire, is a new entry in Prime Property Auctions and is currently tenanted at £425 per month, providing an annual income of £5,100 and a gross yield of 14.2% at a guide price of £36,000. The property has potential for further rental income, with estimates suggesting £475-£550 per month, which would provide a gross annual income of £5,700-£6,600. The flat is located close to the town centre, supermarket, and retail park, with excellent road and transport links. The area has seen recent sales, including a property sold for £55,000 in October 2023 and another for £75,000 in 2021. The property is an excellent BRRR opportunity for investors looking for an easy lettable flat in a sought-after location with great potential for capital growth.