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Nelson Street, Ayrshire KA30 1 bed flat for sale
Nelson Street, Ayrshire KA30
£1,000
Nelson Street, Ayrshire KA30
£1,000
Price History
| Initial price | £25,000 |
| 01/12/25 | £1,000 |
| Price Change | -96.00% |
Description
This vacant studio flat in Largs, Ayrshire, offers a prime opportunity for serviced accommodation or a potential BRRR (Buy, Refurbish, Rent, Refinance) project. With a guide price, the property could generate an impressive 63.3% gross yield at £1,320 PCM (£15,841 P/A) with 70% occupancy. The property is located near local amenities, schools, and public transport, making it an attractive option for investors or developers. The property has been deemed uninhabitable, but with some work, it could be transformed into a desirable living space. The area has seen recent sales of similar properties, with 17 Cumbrae Court selling for £80,000 in March 2023 and 75a Seamore Street selling for £78,000 in May 2022. The property is being offered at a fantastic discount to ensure a sale, making it an excellent opportunity for anyone looking for a straightforward purchase with excellent upside potential.