Exciting refurbishment opportunity

This exciting refurbishment opportunity in James Street enjoys convenient location close to Ayr town centre. 15D offers preferred first floor position, with accommodation comprising lounge, kitchen, two bedrooms and shower room. A programme of refurbishment is required which is reflected in the competitive guide price offering a fantastic 28.5% discount against Home Report valuation of £28,000. Post works, LHA figures suggest a rental income of £5,685 per annum could be achieved, with strength in the rental market may produce even greater rental returns. This is a great opportunity to add value and create a profitable rental property or starter flat. Early viewing is essential. Council Tax Band A.

Tenure

Freehold

Area

As Ayrshire's foremost town, Ayr has a full range of high street shops, boutiques and supermarkets as well as an excellent choice of restaurants and bars. Primary and secondary schooling is available close by and Wellington School, which provides private co-education from age five to eighteen, is within walking distance. Ayr is served by excellent road links and is becoming increasingly popular with commuters to Glasgow. There is also a regular rail service to Glasgow and beyond. The Ayrshire coast boasts some of Scotland's best golf courses with three championship courses at Prestwick, Royal Troon and Turnberry all within easy reach.

Local Authority

South Ayrshire Council

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.