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2 bed flat for sale

£45,000 Guide price

46 Knoxville Road, Kilbirnie KA25

2 bed flat for sale 2 1 1
Interested in this property? Call +44 330 098 3814 * or Request Details

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Property features

  • Prime Property Auctions is excited to bring to market this excellent refurbishment opportunity located within a prime location in Kilbirnie - Guide price £30,000
  • ***53, Knoxville Road, Kilbirnie, Ayrshire, KA25 7ED Previously sold for £80,000. 12, Dennyholm Wynd, Kilbirnie, Ayrshire KA25 6HG Previously sold for £95,000.***
  • Property would benefit from a degree of renovation. Fantastic Capital growth potential. Sure to appeal to shrewd investors looking for Rare auction property.
  • Once renovated the property would attract a monthly rental of £475 - £525 per month (£5,700 - £6,300 p/a, ) which would provide an exceptional gross yield of 19-21% based on a guide price of £30,000
  • Property is located near a whole host of local amenities including schools, nearby medical facilities, delicatessens and restaurants.

Property description



  • Prime Property Auctions is excited to bring to market this excellent refurbishment opportunity located within a prime location in Kilbirnie - Guide price £30,000

  • ***53, Knoxville Road, Kilbirnie, Ayrshire, KA25 7ED Previously sold for £80,000. 12, Dennyholm Wynd, Kilbirnie, Ayrshire KA25 6HG Previously sold for £95,000.***

  • Property would benefit from a degree of renovation. Fantastic Capital growth potential. Sure to appeal to shrewd investors looking for Rare auction property.

  • Once renovated the property would attract a monthly rental of £475 - £525 per month (£5,700 - £6,300 p/a, ) which would provide an exceptional gross yield of 19-21% based on a guide price of £30,000 - ***potentially high yielding investment***

  • Property is located near a whole host of local amenities including schools, nearby medical facilities, delicatessens and restaurants.



Prime Property Auctions is excited to bring to market this excellent refurbishment opportunity located within a prime location in Kilbirnie - Guide price £30,000

Property comprises: Entrance hallway, living room, kitchen, 2 large double bedrooms. Property benefits from ample storage throughout and well kept communal areas.

Prime Opportunity for Property investors looking for a property in an excellent location. Property requires full renovation. Fantastic Capital growth potential. Sure to appeal to builder/investor looking for Rare auction property.

Once renovated the property would attract a monthly rental of £475 - £525 per month (£5,700 - £6,300 p/a, ) which would provide an exceptional gross yield of 19-21% based on a guide price of £30,000 - ***potentially high yielding investment***

Brilliant brrr Opportunity. Sure to appeal to investors looking for an easy lettable flat in a sought after location with great potential for Capital Growth. The local areas have seen some great sales recently showing that there is strong demand.

Local sales evidence:

***53, Knoxville Road, Kilbirnie, Ayrshire, KA25 7ED Previously sold for £80,000. 12, Dennyholm Wynd, Kilbirnie, Ayrshire KA25 6HG Previously sold for £95,000. 32, Dennyholm Wynd, Kilbirnie, Ayrshire, KA25 6HG Previously sold for £115,000.***

Excellent Development/Refurbishment Opportunity. Property is ready for builder/investor/developer to bring to life.

Property has a Guide price of £30,000 and is sure to appeal to investors looking for a property that they can put their own stamp on.

Potentially high yielding investment property.

This lot is open to immediate offers. Should you wish to offer now, you can do so via our “Make an Offer” button on our website.

This property is offered at a fantastic price to ensure an Auction sale.

The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

Location:

Kilbirnie has a host of great local amenities including a health centre and well-known supermarket. The property is also within the catchment area for the newly built secondary School, Garnock Community Campus with leisure suite and swimming pool. The town is surrounded by scenic countryside, including the Clyde Muirshiel Regional Park, offering opportunities for outdoor activities and exploration. Kilbirnie also has various amenities, schools, and community facilities to serve its residents. The local community contributes to its unique character and identity.

Floorplan(s): Floorplan 1

View original

Property value data/graphs for KA25

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £235,425 £137 3.6 £260,150
Semi-detached £128,066 £100 2.9 £125,341
Terraced £89,127 £64 2.5 £94,916
Flats £69,404 £95 1.9 £46,000

Current asking prices in KA25

Average: £93,880
Avg. current asking prices in KA25
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £73,332
(3)
£181,249
(4)
- £212,500
(2)
Flats £36,417
(6)
£47,000
(4)
£45,000
(1)
- £149,995
(1)
All £36,417
(6)
£58,285
(7)
£153,999
(5)
- £191,665
(3)

Current asking rents in KA25

Average: £815 pcm
Avg. current asking prices in KA25
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £949 pcm
(1)
£680 pcm
(1)
- -
Flats - - - - -
All - £949 pcm
(1)
£680 pcm
(1)
- -

Fun facts for KA25

Highest value in KA25
Highest value streets Zed-Index
Redheugh Avenue £318,209
Broster Meadows £300,035
Stoneyholm Road £240,500
Ladeside Gardens £216,783
Dipple Court £172,847
Highest turnover in KA25
Highest turnover streets Turnover
Knoxville Road 43.5%
Avils Place 40.0%
Dean Road 33.3%
Geirston Road 33.3%
Redheugh Court 30.8%
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For more information about this property, please contact
Prime Property Auctions, G2 on +44 330 098 3814 * (local rate)

Monthly running costs Beta

£261 Monthly total

Mortgage

Purchase price
Deposit (10%) 4,500
Repayment term 25
Interest rate 2.0
Your payment £171 /mo How Much Could I Borrow In association with RBS

These results are not provided by RBS and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £100,000
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £29 Electricity £53 Estimated energy cost £82/mo

Similar properties could save up to £195

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this size and region.

Estimated consumption

Gas: 11600 kWh/year
Electricity: 3800 kWh/year

Source: National Energy Efficiency Data Framework

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Prime Property Auctions, and do not constitute property particulars. Please contact Prime Property Auctions for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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