11 Castle Street, Flat 3A, Maybole, KA19 7DD
- PROPERTY TYPE
Flat
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Prime Property Auctions New Entry. Large 1 bedroom tenanted Investment property. Property is currently tenanted at £399 pcm providing immediate cashflow.
- *** 15 Castle Street Maybole, KA19 7DD sold for £40,000 April 202, 13 Castle Street Maybole, KA19 7DD sold for £36,000 November 2023 ***
- Property is currently tenanted at £399 pcm providing an annual income of £4,788. This would provide a gross yield of 13.7% if achieved for Guide price of £35,000
- Property has rental potential of £425 - £475 per calendar month which would generate an annual income of £5,100 - £5,700.
- Property is situated on a quite street and close to local amenities. *** OPEN TO IMMEDIATE OFFERS ***
Description
- Prime Property Auctions New Entry. Large 1 bedroom tenanted Investment property. Property is currently tenanted at £399 pcm providing immediate cashflow.
- *** 15 Castle Street Maybole, KA19 7DD sold for £40,000 April 202, 13 Castle Street Maybole, KA19 7DD sold for £36,000 November 2023 ***
- Property is currently tenanted at £399 pcm providing an annual income of £4,788. This would provide a gross yield of 13.7% if achieved for Guide price of £35,000
- Property has rental potential of £425 - £475 per calendar month which would generate an annual income of £5,100 - £5,700. If rents were increased in line with market then gross yield would be 16.3%
- Property is situated on a quite street and close to local amenities. *** OPEN TO IMMEDIATE OFFERS ***
Prime Property Auctions New Entry. Large 1 bedroom tenanted Investment property. Property is currently tenanted at £399 pcm providing immediate cashflow. Property comprises: Entrance Hallway, Living room, Bedroom, bathroom and kitchen.
Property is currently tenanted at £399 pcm providing an annual income of £4,788. This would provide a gross yield of 13.7% if achieved for Guide price of £35,000. Property has rental potential of £425 - £475 per calendar month which would generate an annual income of £5,100 - £5,700. If rents were increased in line with market then gross yield would be 16.3%
Local sales evidence in the area give a potential for capital growth:
*** 15 Castle Street Maybole, KA19 7DD sold for £40,000 April 202, 13 Castle Street Maybole, KA19 7DD sold for £36,000 November 2023 ***
Sure to appeal to investors looking for an easy lettable flat in a sought after location with great potential for Capital Growth. The local areas seen some great sales recently showing that there is strong demand.
Property has a Guide price of £35,000 and is sure to appeal to investors.
High yielding investment property.
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” button on our website.
This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
Location:
Maybole is a town in South Ayrshire. It is situated 9 miles (14 km) south of Ayr and 50 miles (80 km) southwest of Glasgow by the Glasgow and South Western Railway. The town is bypassed by the A77. A main attraction of Maybole is Culzean castle which is part of National Trust For Scotland. Culzean Castle is a castle overlooking the Firth of Clyde, near Maybole, Carrick, in South Ayrshire, on the west coast of Scotland.
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
Band: A
11 Castle Street, Flat 3A, Maybole, KA19 7DD
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Maybole Station0.1 miles
About the agent
Prime Property Auctions (Scotland) Ltd, Glasgow
126 West Regent Street, Glasgow, G2 2RQ
Prime Property Auctions is an experienced Property Auction Company, Specialising in Investment Property across Scotland. We can help sell your property be it Residential, Commercial or Land. We have cash buyers looking to buy all property types in any condition, offering a Fast Sale Process.
Each Auction offers a variety of properties. Properties are accepted from one of landlord to Private disposals and Corporate Vendors. We are here to help all potential clients. Auctions are a great
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Visit our security centre to find out moreDisclaimer - Property reference 205513883. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions (Scotland) Ltd, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Prime Property Auctions (Scotland) Ltd, Glasgow on 0141 465 5880.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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