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1 bed flat for sale

£30,000 Guide price

12C Park Road, Ardrossan KA22

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

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Property features

  • Prime Property Auctions New Entry. Good sized 1 bedroom flat located in popular buy to let location. Excellent potential for High yielding investment.
  • *** 1C Hill Place, Ardrossan, Ayrshire, KA22 8HA sold for £55,000 December 2022,47 Flat B, Montgomerie Street, Ardrossan, Ayshire, KA22 8HP sold for £61,500 March 2021 ***
  • Property will require a degree of renovation prior to habitation. Sure to appeal to investors looking for an affordable property that has great capital growth potential.
  • Once property has been renovated it would attract a rental of £375 - £425 per calendar month, generating a gross annual rent of £4,500 - £5,100.
  • Close to a range of local amenities, supermarkets, leisure facilities, doctors / dental surgeries all of which are within comfortable walking distance.

Property description


  • Prime Property Auctions New Entry. Good sized 1 bedroom flat located in popular buy to let location. Excellent potential for High yielding investment. Offered under ads threshold

  • *** 1C Hill Place, Ardrossan, Ayrshire, KA22 8HA sold for £55,000 December 2022,47 Flat B, Montgomerie Street, Ardrossan, Ayshire, KA22 8HP sold for £61,500 March 2021 ***

  • Property will require a degree of renovation to unleash its true potential. Sure to appeal to investors looking for an affordable property that has great capital growth potential.

  • Once property has been renovated it would attract a rental of £375 - £425 per calendar month, generating a gross annual rent of £4,500 - £5,100.

  • Close to a range of local amenities, supermarkets, leisure facilities, doctors / dental surgeries all of which are within comfortable walking distance.



Prime Property Auctions New Entry. Good sized 1 bedroom flat located in popular buy to let location. Excellent potential for High yielding investment. Property comprises: Entrance hallway, Living room with kitchen, Double bedroom and Shower room.

Property will require a degree of renovation prior to unleash its true potential. Sure to appeal to investors looking for an affordable property that has great capital growth potential.

Priced for Auction sale with a Guide Price of £35,000. Once property has been renovated it would attract a rental of £375 - £425 per calendar month, generating a gross annual rent of £4,500 - £5,100. This would provide a gross rental yield of 13%-14.5% if achieved at Guide price of £35,000.

*** 1C Hill Place, Ardrossan, Ayrshire, KA22 8HA sold for £55,000 December 2022,47 Flat B, Montgomerie Street, Ardrossan, Ayshire, KA22 8HP sold for £61,500 March 2021 ***

Property is offered as part of a portfolio sale, but seller will consider selling as an individual unit.

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:

Park Road is close to a range of local amenities, supermarkets, leisure facilities, doctors / dental surgeries all of which are within comfortable walking distance. Ardrossan ferry terminal with direct sailings to the isles of Arran and Campbeltown is also a short stroll from the property.

Property value data/graphs for KA22

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £267,400 £153 3.2 £190,598
Semi-detached £137,463 £118 2.9 £149,288
Terraced £170,300 £89 2.7 £105,674
Flats £93,574 £153 2.1 £84,833

Current asking prices in KA22

Average: £119,953
Avg. current asking prices in KA22
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £100,998
(3)
£145,748
(4)
£215,000
(1)
£290,000
(1)
Flats £68,500
(8)
£41,000
(2)
£205,998
(3)
- -
All £68,500
(8)
£76,999
(5)
£171,570
(7)
£215,000
(1)
£290,000
(1)

Current asking rents in KA22

Avg. current asking prices in KA22
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - - - - -
Flats - - - - -
All - - - - -

Fun facts for KA22

Highest value in KA22
Highest value streets Zed-Index
Witches Linn £299,499
Keir Hardie Drive £252,971
South Beach Road £251,379
South Isle Road £240,736
Longcraigs Avenue £237,225
Highest turnover in KA22
Highest turnover streets Turnover
Birch Terrace 44.0%
Central Quadrant 40.0%
Dasher Gardens 38.5%
Keir Hardie Drive 38.1%
Mariners View 36.5%
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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

£188 Monthly total

Mortgage

Purchase price
Deposit (10%) 3,000
Repayment term 25
Interest rate 2.0
Your payment £114 /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.

Energy

Gas £25 Electricity £49 Estimated energy cost £74/mo

Similar properties could save up to £175

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: 9500 kWh/year
Electricity: 3500 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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