BIDDING OPENS in...

Description

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

***Excellent Investment Opportunity*** Second Floor Traditional Flat close to beachfront and town centre. LET £349 PCM - £4200 PER ANNUM GREAT RENTAL INVESTMENT PROPERTY.

COMPRISING: Reception hallway, living room with kitchen and bedroom. Bathroom. Ideal for landlord investor. Double Glazing, Secure Entry System. Largs benefits from a yacht marina.

Ideal purchase for residential landlord looking to build/increase size portfolio. Prime location for rental as close to town centre. Tesco and Morrisons supermarkets both within walking distance.

Popular letting area as close to shorefront, Hawkshill Bowling Club and local amenities on Boyd Street and the town centre. Quiet street leads off from main road at Nardini's Café.

IDEAL DISCOUNTED OPPORTUNITY. Victorian seaside resort - Ideal for rental market or as 2nd holiday home - Benefiting from the fantastic shoreline and fabulous Scottish beaches of Largs.

Perfect PURCHASE FOR HOLIDAY LET or FIRST TIME BUYER --- SECOND FLOOR FLAT --- Largs benefits from fabulous Scottish beaches and boasts strong tourism numbers throughout the year --- Popular AND affordable letting area as close to the shorefront, Hawkshill Bowling Club and amenities within the town centre. LET £349 PCM - £4200 PER ANNUM COMPRISES: Reception hallway, living room with kitchen and bedroom and bathroom. Ideal for landlord investor. Fully occupied building with six flats in total. Secure door entry. Painted and maintained internal areas. Communal gardens to the rear. New Housing development directly across the road. Popular seaside location with bus, train and transport links available to nearby Greenock, Glasgow and the West coast of Scotland. Popular rental investment due to condition and location. Largs benefits from a yacht marina and mainline train station with connections to Glasgow Central. Largs is also known as the Jewel in the crown of North Ayrshire. Local Sales - 66d Nelson Street, Largs, KA30 - £82,000 (Sold - 2019). 16 Nelson Street, Flat 1-R, Largs, KA30 - £75,000 (June 2016). Both Glasgow (45 minutes) and Prestwick (35 minutes) International Airports convenient. Popular seaside location with bus, train and transport links available to nearby Greenock, Glasgow and the West coast of Scotland.

Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Rolling
Rent: £4,200 per year / £350 per month
Yield: 30% (approx)
Tenant: Private Individual
Notes: LET £349 PCM - £4200 PER ANNUM

Maps & Location

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Largs is an affluent town located on the North Ayrshire coast on the Firth of Clyde located around 30 miles from the centre of Glasgow and is serviced by regular bus, train and ferry links. Population of 11,000. The town also benefits from fabulous Scottish beaches and boasts a strong tourism industry. Very popular throughout the summer season months with high tourism and visitor numbers for a number of local attractions including Kelburn Country Centre. Within a couple of minutes walk of the property you can access the daily ferry service to the Isle of Cumbrae. HIGH DEMAND RENTAL location close to town centre, train station, ferry port and famous promenade and beach. Popular holiday town on the West coast of Scotland. The property is close to famous beach. Largs is a very popular and highly sought after town on the West Coast of Scotland benefiting from having a number of local attractions including Kelburn Country Centre, the Historic Scotland museums at Skelmorlie Aisle and the world famous Nardini’s Ice Cream Parlour and restaurant. Within a couple of minutes walk of the property you can access the daily ferry service to the Isle of Cumbrae. Highly sought after location with Glasgow and central Scotland easily accessible.

Document Downloads

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Pricing Information & Bidding

Opening Bid: £14,000

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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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 - 109Nelson Street, Largs






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