1 bedroom flat for sale

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1 bedroom flat for sale

17 McGregor Avenue, Stevenston, KA20 4BA
£30,000

Price History

Initial price £36,000
25/05/24 £30,000
Price Change -16.67%

Description

A tenanted one-bedroom flat in a popular buy-to-let location in Ayshire, Scotland, is up for auction with a guide price of £36,000. The property has a current rent of £425 per calendar month, providing an annual income of £5,100, giving a gross yield of 14.2%. The property has the potential to rent for £475-£550 per calendar month, which would provide a gross annual income of £5,700-£6,600. The property is located close to local amenities, transport links, and a retail park, and has recently seen some great sales in the area, indicating strong demand. The property is open to immediate offers and is offered at a fantastic price to ensure an auction sale.