Park Road, Ardrossan KA22 1 bed flat for sale

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Park Road, Ardrossan KA22 1 bed flat for sale

12E Park Road, Ardrossan, KA22 8JR
£15,000

Price History

Initial price £30,000
01/04/25 £15,000
Price Change -50.00%

Description

This property is a one-bedroom flat located in a popular buy-to-let location in Ardrossan, Ayrshire. The property requires full refurbishment prior to habitation and has excellent potential for a high-yielding investment. With a guide price of £30,000, it's estimated that the property could achieve an annual gross yield of 18% once renovated and let out at £450 per month. The property is being sold as part of a portfolio sale, but the seller will consider selling it as an individual unit. With nearby properties selling for higher prices, this is a fantastic opportunity for a shrewd investor to make a fine addition to their portfolio. The property is located in a picturesque coastal town with a blend of old-world charm and modern convenience, making it an attractive location for both residents and investors.