1 bed Flat For Sale £25,000
Seton Street, Ardrossan KA22

One bedroom top floor flat

New to auction is this one bedroom top floor tenement flat, ideally located close to Ardrossan town centre on the North Ayrshire coast. Entered off the well maintained common stairwell, the accommodation comprises spacious lounge with bay window formation, double bedroom, kitchen and shower room. Further benefits include gas central heating, double glazing and garden area to the rear. The property requires some degree of upgrade which offers great potential to add further value. A potential rental yield of more than 16% (LHA rates at Guide), allied with a massive 37% discount against the Home Report value of £40,000, is sure to attract both rental investors and first time buyers. Furthermore, the close proximity to the Ardrossan/Arran ferry terminal could make this perfect for serviced accommodation investors too. Early viewing is essential as this one is sure to move quickly.

Comparables

221 Glasgow Street, Ardrossan, Sold For, £62,750, 02/23

1c Hill Place, Ardrossan, Sold For, £55,000, 12/22

Area

Ardrossan enjoys a picturesque location on the Ayrshire coast and offers a wide range of local facilities including supermarkets and local shops, restaurants and other leisure facilities. Train and bus links are within easy reach and there is a regular ferry service to the Isle of Arran.

Connected person

Please note that the vendor is a connected person under the terms of the Estate Agents Act 1979.

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