Moorburn Road, Largs
JO

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

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
134,933.00 £
Decreased by 31.21 %
from 196,142.00 £
Average area rental value
750.00 £/mo
Decreased by 8.98 %
from 824.00 £/mo
Est rental Yield
6.67 %
Increased by 32.34 %
from 5.04 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • John Pye Property created the listing.

Images

20220112_135042.jpg 20220112_121129.jpg 20220112_120848.jpg 20220112_120904.jpg 20220112_120941.jpg 20220112_121014.jpg 20220112_121033.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
George Street £ 84,00000.00 KM
New Street £ 45,00000.00 KM
Townhead Close £ 000.00 KM
Lovat Street £ 64,00000.00 KM
Royal Avenue £ 60,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Largs9521LAR0.67 KM
Fairlie9452FRL4.95 KM
Wemyss Bay9673WMS9.42 KM

Nearby Listings

AddressPriceTypeScoreDistance
Nelson Street, Largs, Ayrshire, KA30 £ 84,500BUY4 / 100.06 KM
97 Nelson Street, Largs, Ayrshire, KA30 £ 15,000BUY4 / 100.06 KM
7 Moorburn Road, Largs, KA30 9HZ £ 129,000BUY7 / 100.07 KM
97 Nelson Street, Largs, Ayrshire, KA30 9JF £ 25,000BUY6 / 100.10 KM
97 Nelson Street, Largs, Ayrshire, KA30 9JF £ 21,000BUY5 / 100.10 KM