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1 bed flat for sale

£30,000 Guide price

17 Mcgregor Avenue, Stevenston KA20

1 bed flat for sale 1 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. Tenanted 1 Bedroom flat located in the popular buy to let location in Ayshire. *** open to offers ***
  • *** 49 McGregor Avenue, Stevenston, KA20 4BA sold for £55,000 October 2023,87 McGregor Avenue, Stevenston, KA20 4BA sold for £75,000 2021 ***
  • Property is currently tenanted at £425 per calendar month providing an annual income of £5,100, giving a gross yield of 14.2% at Guide of £36,000.
  • Property has a potential rental of £475 - £550 pcm. This would provide a gross annual income £5,700 - £6,600.
  • Property is sure to appeal to buy to let investor looking for an affordable investment providing great return. Property is located close to the supermarket and retail park, with excellent road and transport links.

Property description


  • Prime Property Auctions New Entry. Tenanted 1 Bedroom flat located in the popular buy to let location in Ayshire. *** open to offers ***

  • *** 49 McGregor Avenue, Stevenston, KA20 4BA sold for £55,000 October 2023,87 McGregor Avenue, Stevenston, KA20 4BA sold for £75,000 2021 ***

  • Property is currently tenanted at £425 per calendar month providing an annual income of £5,100, giving a gross yield of 14.2% at Guide of £36,000.

  • Property has a potential rental of £475 - £550 pcm. This would provide a gross annual income £5,700 - £6,600.

  • Property is sure to appeal to buy to let investor looking for an affordable investment providing great return. Property is located close to the supermarket and retail park, with excellent road and transport links.



Prime Property Auctions New Entry. Tenanted 1 Bedroom flat located in the popular buy to let location in Ayshire. *** open to offers ***. Property comprises: Entrance stairway, Living room, double bedroom, Kitchen and Bathroom. Lounge: 4.20 x 4.20 m, Kitchen: 2.90 x 2.90 m

Bedroom: 3.80 x 3.30 m, Shower Room: 1.80 x 1.40 m.

Property is currently tenanted at £425 per calendar month providing an annual income of £5,100, giving a gross yield of 14.2% at Guide of £36,000. Property has a potential rental of £475 - £550 pcm. This would provide a gross annual income £5,700 - £6,600. Should the rent be increased to market rate it would provide a gross yield of 15.8% - 18.3% if achieved for Guide.

Local sales:

*** 49 McGregor Avenue, Stevenston, KA20 4BA sold for £55,000 October 2023,87 McGregor Avenue, Stevenston, KA20 4BA sold for £75,000 2021 ***

Property is sure to appeal to buy to let investor looking for an affordable investment providing great return. Property is located close to the supermarket and retail park, with excellent road and transport links.

Excellent 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 seen some great sales recently showing that there is strong demand.

Property has a Guide price of £36,000 and is sure to appeal to investors. Immediate cash producing investment

High yielding investment property. Currently giving a gross yield of 14.2%.

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:

Stevenston town centre is just a minutes walk away and is host to a number of local amenities, doctors and dental surgeries and frequent transport links to Ayr, Largs and Glasgow. Stevenston is a town and parish in North Ayrshire, Scotland. Along with Ardrossan and Saltcoats it is one of the "Three Towns", all of similar size, on the Firth of Clyde coast; the easternmost parts of Stevenston are about 1⁄2 mile from western parts of Kilwinning, the A78 trunk road runs between the settlements.

Property info

Property value data/graphs for KA20

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £230,841 £135 3.2 £225,735
Semi-detached £168,185 £93 2.9 £132,018
Terraced £117,498 £94 2.6 £87,500
Flats £70,224 £84 1.9 £52,312

Current asking prices in KA20

Average: £88,272
Avg. current asking prices in KA20
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £38,500
(1)
£125,667
(3)
£117,398
(5)
£240,000
(1)
£220,000
(1)
Flats £33,000
(4)
£58,600
(5)
- - -
All £34,100
(5)
£83,750
(8)
£117,398
(5)
£240,000
(1)
£220,000
(1)

Current asking rents in KA20

Average: £576 pcm
Avg. current asking prices in KA20
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - - - - -
Flats £576 pcm
(1)
- - - -
All £576 pcm
(1)
- - - -

Fun facts for KA20

Highest value in KA20
Highest value streets Zed-Index
Priest Hill View £243,336
Glencairn Gardens £223,069
Barra Place £221,338
Diddup Drive £220,601
Cuninghame Drive £213,218
Highest turnover in KA20
Highest turnover streets Turnover
Station Road 40.0%
Morrison Court 38.6%
Gilmour Wynd 36.7%
Skye Place 35.3%
Mayfield Grove 33.3%
Arrange Viewing

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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