Moorburn Road, Largs
By John Pye Property
£ 29,500
John Pye Property says ..
•Auction date - 2nd & 3rd February 2022<br />•One bedroom ground floor flat<br />•Immediately available with no chain<br />•Total floor area approx. 398 m2<br />•Potential rent of £350 pcm<br />•Potential gross yield of approx. 14%<br /><br />A purpose built ground floor flat, forming part of an end terrace property comprising of six flats in total. <br /><br />The accommodation includes; entrance hall, living room / kitchen, one bedroom, and shower room. The windows are UPVC double glazed. <br /><br />The property is located on the Eastern side of Moorburn Road. Less than one mile away from the property is a high street which includes a Tesco express and Morrisons. <br /><br />Other nearby local amenities include a pharmacy and a selection of coffee shops and restaurants. The seafront is a short walk away which includes Largs Train station and Ferry terminal.<br /><br /><b>Accommodation</b> - Total – approx. 37 m2 / 398 ft2<br />(taken from home report)<br /><br /><b>Services</b> - We understand the property to have mains gas, electricity, water and drainage.<br /><br /><b>Tenure</b> - Share of freehold.<br /><br /><b>Investment Analysis</b> - We are of the opinion that if the property is rented out, we expect a rent in the region of £350 per calendar month can be achieved, reflecting a gross yield of 14.2% on the guide price.<br /><br /><b>Guide Price</b> - £29,500+<br /><br /><b>Buyers Premium</b> - 2% (min. £3,600) inc. VAT<br /><br /><b>Viewings</b> - Please contact a member of John Pye Property on or email to arrange an appointment.<br /><br />
- Bedrooms
- 1
- Bathrooms
- 0
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Metrics Year-on-Year
- Average area value
- 134,933.00 £Decreased by 31.21 %
- Average area rental value
- 750.00 £/moDecreased by 8.98 %
- Est rental Yield
- 6.67 %Increased by 32.34 %
- Crime Rate
- 0.00 %
Agent Activity
John Pye Property created the listing.
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| George Street | £ 84,000 | 0 | 0.00 KM |
| New Street | £ 45,000 | 0 | 0.00 KM |
| Townhead Close | £ 0 | 0 | 0.00 KM |
| Lovat Street | £ 64,000 | 0 | 0.00 KM |
| Royal Avenue | £ 60,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Largs | 9521 | LAR | 0.67 KM |
| Fairlie | 9452 | FRL | 4.95 KM |
| Wemyss Bay | 9673 | WMS | 9.42 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Nelson Street, Largs, Ayrshire, KA30 | £ 84,500 | BUY | 4 / 10 | 0.06 KM |
| 97 Nelson Street, Largs, Ayrshire, KA30 | £ 15,000 | BUY | 4 / 10 | 0.06 KM |
| 7 Moorburn Road, Largs, KA30 9HZ | £ 129,000 | BUY | 7 / 10 | 0.07 KM |
| 97 Nelson Street, Largs, Ayrshire, KA30 9JF | £ 25,000 | BUY | 6 / 10 | 0.10 KM |
| 97 Nelson Street, Largs, Ayrshire, KA30 9JF | £ 21,000 | BUY | 5 / 10 | 0.10 KM |