Two bedroom first floor flat
Fantastic opportunity to purchase this great sized two bedroom first floor flat which is being sold with long term tenant in situ offering a current yearly return of £4200pa, which gives the investor a brilliant current yield of over 13% at current Guide Price. The property is centrally located so ideal for all local amenities and bus and rail links to neighbouring towns and beyond. Accommodation comprises entrance hallway, large lounge, galley kitchen, two double bedrooms and bathroom. The property benefits from double glazed windows and gas central heating and externally there is a good sized communal rear garden which is mainly laid to lawn. The long term tenant and fantastic yield on offer makes this a perfect addition to an investors portfolio which we anticipate will result in good early interest so early viewing is strongly advised.
Tenure
Freehold
Home Report £35,000
Long term tenant
Close to local amenities and town centre
Current rental income £350pcm / £4,200pa
Area
Saltcoats and nearby Ardrossan offer a range of local amenities including beach, local shops, supermarkets, restaurants, schools, train stations and bus services. There is a regular ferry service to the Isle of Arran from Ardrossan. A new ferry service also provides a summer service to the Kintyre peninsula. This excellent flat is conveniently situated for all local amenities including road and regular rail links to Glasgow and all West Coast towns and thus is well located for travel throughout West Central Scotland.
Energy Efficiency Rating (EPC)
Current Rating C
Local Authority
North Ayrshire Council
Additional Fees
Administration Charge - Purchasers will be required to pay an auction fee of 1% of the purchase price subject to a minimum of £3,000 inc VAT unless otherwise stated
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.