For Sale By Auction | 14:00, 31 January 2019

Flat 1, Mafeking Place, Burnbank Street, Campbeltown, Argyll And Bute, PA28 6JD

*Guide | £26,500+ (plus fees)

  • Flat
  • 2 Bedrooms
  • Tenure: Freehold

Call the team on 0141 339 4466 for more information

Auction Date

Thu 31/01/2019

Auction Time

14:00

Auction Venue

Radisson Red, 25 Tunnel Street, Glasgow, G3 8HL

Two bedroom first floor flat

Excellent opportunity for the buy to let investor to purchase a portfolio of four, two bedroom flats with a potential rental income of £5,400pa for each flat at LHA rates giving a potential rental yield of over 18% for each flat. The accommodation for flat 1/2, Mafaking Place comprises lounge, kitchen, two bedrooms and bathroom. The property has sash windows and electric heating and is sold as seen along with Flats 6a Kirk Street, 6b Kirk Street and 6c Kirk Street (listed separately). Great additions to any landlords portfolio.

Tenure

Freehold

Part of a portfolio of 4 flats

Great buy to let

Ready to rent

Potential rental yield of 20%

Potential rental value £450pcm at LHA rate £5,400pa

Area

Campbeltown is a thriving, high amenity town. The town is well served by many high street and local shops including supermarkets, several garages, a college, schools, a medical centre/hospital and yacht club. Campbeltown is popular with tourists and has a variety of hotels and restaurants. The town holds an annual regatta and music festival. The famous Machrihanish championship links golf course was recently ranked 22 by Golf Monthly Magazine out of the top 120 courses in the UK and Ireland.

Energy Efficiency Rating (EPC)

Current Rating E

Local Authority

Argyll and Bute Council

Additional Fees

Administration Charge - Purchasers will be required to pay an auction fee of £2,000 inc VAT unless otherwise stated

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.