Caledonia Road Ayr, KA7

3 bedroom House in Ayr

Sold
Offers Over £110,000
Current Yield 5.1 %
Potential Yield 6 %
Property Reference: 191198100
  • House
  • 3 Bedrooms
  • 1 Bathrooms
  • 1 Receptions
  • 84 sq m

Property Features

Property Features

  • Buy-to-Let Opportunity
  • Long Term Tenant Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers
  • Spacious Lounge
  • Three Piece Bathroom
  • Front and Rear Garden Space
  • Ayr Town Centre Location
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

Our latest listing is a 3 bedroom Mid-Terrace in the Ayr town centre. It is in an area that is perfect for families looking to rent and is able to generate a rewarding rental income.

For an investor that is looking for a reliable addition to their portfolio, this is a fantastic opportunity!

This home features gas-fired central heating, 3 bedrooms, a 3 piece bathroom, a spacious lounge, kitchen and front & rear garden space.

Investment details

The property currently produces an annual gross income of £6,600 which could be increased by the new owner to a market rate of £7,800 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested in viewing the Home Report, please call us.

Tenancy Details

The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

Location

The property is found within a friendly neighbourhood just outside the town centre. There are various schools in the local area and because the town centre is so close, the tenants can have walking distance to countless valuable amenities.

The Ayr Train Station is also available here and because the A77 Main Road can be accessed within a matter of minutes from the property, travel to surrounding areas can be done directly and conveniently.

Lounge

Filled with natural daylight thanks to the windows, the lounge makes for an ample living area with space for furniture and family gatherings.

Kitchen

The kitchen is spacious and is the ideal size for the occupants.

Bathroom

The 3 piece bathroom is found on the first floor that consists of a WC, wash basin and bathtub.

Bedrooms

All bedrooms are a good size with plenty of room for double sized beds, bedroom furniture and storage cabinets. They also have carpeted flooring and double glazed windows.

External

You will find front and rear garden space external to the property.

Let Property are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is fully refundable in the event of non-completion at no fault of your own.

Helpful Information

Council Tax Band: C
Property Reference: 191198100

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £550
  • Potential Rent pcm: £650
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 5 years +
  • Tenants means of funding: Local Authority Funded
Property Reference: 191198100
Property Reference: 191198100

Property Location

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Request DetailsCaledonia Road Ayr, KA7

Offers Over £110,000

Make an offer
Caledonia Road Ayr, KA7

Listing Price

Offers Over £110,000

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. A fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion. Terms and payment details will be provided upon verbal acceptance of your offer.