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Description
- Status: Available
- Type: Flat
- Ownership: Freehold
- Occupation: Tenanted
- Bedrooms: 1
- Council Tax: Search
***Well Located 1 bedroom upper flat situated in the popular North Ayrshire village of Stevenston. Freehold, tenanted property with immediate rental income***
***Traditional upper flat located above a terrace of commercial units***Traditional sandstone building***Popular town centre location*** Immediate rental income from day one***
***Tenanted one bedroom flat in Stevenston town centre producing an immediate income stream through current tenancy***
***The property is located to the south of the town with easy access to the local shops and amenities with the rest of the Three Towns offering an even wider range***
***Turnkey investment property with rental income of £399 per month / £4,788 per annum / 13.68% yield based on guide price***
Well Located 1 bedroom ground floor, flat situated in the popular North Ayrshire village of Stevenston. Freehold property with existing tenancy in place. Current rental income of £399pm / £4,788 pa. Traditional sandstone property located over a parade of commercial units. The property is located to the south of the town with easy access to the local shops and amenities with the rest of the Three Towns offering an even wider range. The property is also convenient for Stevenston mainline rail station and local schooling with Glencairn Primary and Auchenharvie Academy both Stevenston mainline rail station is nearby, giving easy access to stations on the Glasgow-Largs and Glasgow- Ardrossan Harbour lines, while the A78 is just a few minutes drive away. Local leisure facilities include Auchenharvie Golf Course & Driving Range, Auchenharvie sports centre provides ice-skating, ice-hockey & curling, swimming pool, gym and outdoor skate park. Ardeer nature reserve is just a short walk away, at the end of Moorpark Road West.
Tenancy Details
Type of Agreement: Private Residential Tenancy (PRT)Length:
Rent: £4,788 per year / £399 per month
Yield: 19% (approx)
Tenant: Private Individual
Notes:
Maps & Location
Map Street View SatelliteSuper town centre location. Saltcoats within 2 miles. Popular up-market LARGS is only 13 miles. GLASGOW CITY CENTRE only 32 miles. whilst IRVINE only 8 miles with its range of amenities. Stevenston Railway Station is located nearby. Only a short distance from Stevenston Town Centre and close to the shore front. Stevenston caters for all requirements with more extensive shopping available within Irvine. Supermarket shopping is also easily accessible with a large Morrisons nearby. There are good road links providing easy access to the A78 and A77.
Document Downloads
Pricing Information & Bidding
Opening Bid: £25,000
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). How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.View Live Online Auction
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Terms & Conditions of Sale
- 10% Deposit (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- Buyers Fee = 1% of Sale Price (Minimum £2,500 + vat)
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STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer for each property which may differ in deposit amount, completion and buyers fee.
* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.
General Terms & Conditions of Sale
Lot Specific Terms - 27New Street, Stevenston