16 bed Flat For Sale £375,000
** sale by auction - 07 October 2021 **
Timed Online Auction .
Excellent Portfolio Investment Opportunity*** Portfolio of 8 x 2 bedroom flats located in Prime Ayr town centre location. 7/8 Apartments are currently held on assured tenancy agreements. Immediate rental income of £41,880 per annum. Potential to buy and split, resale value £680,000 (£85,000 per flat if sold individually) ***100% Prime Central Ayr Position*** The development has been formed with 5no. Apartments at ground floor level, 2No. At first floor and one duplex apartment with separate, dedicated entrance via Weaver St. Accommodation Comprises; 1 Weaver Street: Rear entrance and stairs to first floor with living room / kitchen, stairs to 3rd floor with 2 bedrooms and bathroom. Currently let at £550PCM. EPC band D. 2A New Road: Ground floor corner flat with 2 bedrooms and bathroom. Let at £450PCM. 2B New Road: Ground floor flat facing Weaver Street with 2 bedrooms and bathroom. Currently let at £425PCM. 2C New Road: Ground floor flat with 2 bedrooms and bathroom. Let at £415PCM. 4A New Road: First floor flat facing New Road, 2 double bedrooms, living room / kitchen and bathroom. Let at £550PCM. 4B New Road; first floor flat facing Weaver Street, 2 double bedrooms, living room / kitchen and bathroom. Currently let at £550PCM. 4C New Road: Second floor flat facing New Road, 2 double bedrooms, living room / kitchen and bathroom. Currently let at £550PCM 4D New Road: Second floor flat facing Weaver Street, 2 double bedrooms, living room / kitchen and bathroom. Currently Vacant. Total Rental Income £3,490PCM ( £41,880 per annum) E.R.V £4,100pcm (£49,200 per annum). Superb opportunity for long term lease or short term, Air b’n’b style lets, given its close proximity to main dock, Regional Police Command HQ and the town centre.
Ayr, the former county town, is a vibrant, popular and cultural town, with a theatre, a cinema and thriving local shops and restaurants. It is well served with good local authority schools, and an excellent independent school, Wellington. Some of Scotland’s finest golf courses are nearby. One of the town’s principal assets, of course, is its proximity to some of the finest coastal and inland scenery in Scotland.
Auction Details
07 October 2021,10am-3pm
Timed Online Auction,
How to Bid Now
Submit an enquiry now or visit our website for full details on how to bid on this property.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 300 lots auctioned every 6 weeks including flats, houses, land & commercial.
Get a Fast Sale and a Fair Price with Future Property Auctions. Contact Us now for a free Auction Valuation.
Timed Online Auction .
Excellent Portfolio Investment Opportunity*** Portfolio of 8 x 2 bedroom flats located in Prime Ayr town centre location. 7/8 Apartments are currently held on assured tenancy agreements. Immediate rental income of £41,880 per annum. Potential to buy and split, resale value £680,000 (£85,000 per flat if sold individually) ***100% Prime Central Ayr Position*** The development has been formed with 5no. Apartments at ground floor level, 2No. At first floor and one duplex apartment with separate, dedicated entrance via Weaver St. Accommodation Comprises; 1 Weaver Street: Rear entrance and stairs to first floor with living room / kitchen, stairs to 3rd floor with 2 bedrooms and bathroom. Currently let at £550PCM. EPC band D. 2A New Road: Ground floor corner flat with 2 bedrooms and bathroom. Let at £450PCM. 2B New Road: Ground floor flat facing Weaver Street with 2 bedrooms and bathroom. Currently let at £425PCM. 2C New Road: Ground floor flat with 2 bedrooms and bathroom. Let at £415PCM. 4A New Road: First floor flat facing New Road, 2 double bedrooms, living room / kitchen and bathroom. Let at £550PCM. 4B New Road; first floor flat facing Weaver Street, 2 double bedrooms, living room / kitchen and bathroom. Currently let at £550PCM. 4C New Road: Second floor flat facing New Road, 2 double bedrooms, living room / kitchen and bathroom. Currently let at £550PCM 4D New Road: Second floor flat facing Weaver Street, 2 double bedrooms, living room / kitchen and bathroom. Currently Vacant. Total Rental Income £3,490PCM ( £41,880 per annum) E.R.V £4,100pcm (£49,200 per annum). Superb opportunity for long term lease or short term, Air b’n’b style lets, given its close proximity to main dock, Regional Police Command HQ and the town centre.
Ayr, the former county town, is a vibrant, popular and cultural town, with a theatre, a cinema and thriving local shops and restaurants. It is well served with good local authority schools, and an excellent independent school, Wellington. Some of Scotland’s finest golf courses are nearby. One of the town’s principal assets, of course, is its proximity to some of the finest coastal and inland scenery in Scotland.
Auction Details
07 October 2021,10am-3pm
Timed Online Auction,
How to Bid Now
Submit an enquiry now or visit our website for full details on how to bid on this property.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 300 lots auctioned every 6 weeks including flats, houses, land & commercial.
Get a Fast Sale and a Fair Price with Future Property Auctions. Contact Us now for a free Auction Valuation.
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