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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 1
  • Council Tax: Search

READY LET INVESTMENT PROPERTY. Long-term tenant paying £385 per month. (£4,620 per year) in popular rental location in Campbeltown on the picturesque Mull of Kintyre. ***IMMEDIATE RETURN ON INVESTMENT

COMPRISES: Entrance Hallway, Living Room, Kitchen, Bedroom and Bathroom. Currently LET at £385 pcm (£4,620 Per Annum). Tenant has all payments up to date and pays by direct debit to landlord.

SUPER BUY-TO-LET INVESTMENT PROPERTY*** Town centre location close to all local amenities and transport links. Features new fridge and washing machine. Freehold Residential Sale.

Local Sales Evidence - 44, Main Street, Campbeltown, Argyll, PA28 6AD recently SOLD for £61,000 in Feb 2024*** Tenant is a local person working and living there for past 3/4 years.

Campbeltown is the main town on the Mull of Kintyre and the population swells during the summer months with many local properties on the peninsula being used as holiday homes. Massive demand locally.

READY LET INVESTMENT PROPERTY. Long-term tenant paying £385 per month. (£4,620 per year) in popular rental location in Campbeltown on the picturesque Mull of Kintyre. ***IMMEDIATE RETURN ON INVESTMENT*** COMPRISES: Entrance Hallway, Living Room, Kitchen, Bedroom and Bathroom. Currently LET at £385 pcm (£4,620 Per Annum). Tenant has all payments up to date and pays by direct debit to landlord. SUPER BUY-TO-LET INVESTMENT PROPERTY *** Town centre location close to all local amenities and transport links. Features new fridge and washing machine. Freehold Residential Sale. Local Sales Evidence - 44, Main Street, Campbeltown, Argyll, PA28 6AD recently SOLD for £61,000 (February 2024). Tenant is a local person working and living there for past 3/4 years.

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 and medical centre/hospital. 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 120 courses in the UK and Ireland

Full Address: 11 Main Street, Flat 2, Campbeltown, PA28 6AD

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Map & Location

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Tenancy Details

Type of Agreement: Basic Lease
Length: Annual
Rent: £4,620 per year / £385 per month
Yield: 46% (approx)
Tenant: Private Individual
Notes: The tenant has been there since 2022. Paid monthly by direct debit on 22 of each month. No issues with tenant.

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Pricing Information & Bidding

Opening Bid: £10,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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NO PRE-AUCTION OFFERS

You must bid at the live auction for this lot. You may not submit an offer now on this property as the seller has instructed us to offer this lot at the auction room. View our guide on how to bid at the online auction for further instructions.

Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 04 September 2025, 10am-3pm
Type: Timed Online Auction

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