Portfolio of six flats
Excellent opportunity for the buy to let investor to purchase “Albert Place”. This impressive seafront building comprises 6 flats with a mixture of 2 x three bed maisonettes, 1 x two bed maisonette and 3 x two bedroom flats formed over one level. The properties all benefit from double glazing, gas central heating and were renovated throughout in 2012. This lot would be an excellent addition to any buy to let portfolio with a current rental yield of 9.8% if purchased at the current guide price with only three of the six properties currently let. The properties are comprised as follows, Flat A is currently vacant and comprises lounge, kitchen, two bedrooms and bathroom. Flat B is currently rented at £4,680 p.a. and comprises lounge, kitchen, two bedrooms and bathroom. Flat C is currently rented at £4,420 p.a. and comprises lounge, kitchen, two bedrooms and bathroom. Flat D is currently rented at £4,758 p.a. and comprises lounge, kitchen, three bedrooms, bathroom and W/C. Flat E is currently occupied and is a Maisonette flat comprising lounge, kitchen, two double bedrooms, bathroom and W/C. Flat F is currently vacant and comprises lounge, kitchen, three bedrooms, bathroom and W/C.
Being sold as a portfolio of 6 flats within 1 building
Great buy to let opportunity
3 flats currently vacant
3 flats currently occupied
New kitchens installed after 2012
Enclosed shared courtyard
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.
Argyll and Bute Council
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.