1 bedroom Property for sale in The Terrace Ardbeg Road Rothesay Isle of Bute PA20

Sale Price: £25,000

Ardbeg Road Rothesay Isle Of Bute, PA20 0NP

Property
1 Bed(s)
-- Bath(s)
Not Available Anymore

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Amisar Ltd

 115 Spotland Road, Rochdale
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Street Address

Ardbeg Road Rothesay Isle Of Bute, PA20 0NP

Property description


Pegasus Estate Agency are delighted to offer to the market this 1 bedroom flat situatedwithin a popular residential area of Port Bannatyne. Accommodation comprises;Lounge, Kitchen, Bedroom, Bathroom. The property has recently ungone a fullrefurbishment and is tenanted at £ 370.00 per calendar month
Purchase Option
Market Value (RIC's Report. 2014) £ 40,000
Sale Price £ 25,000
Current Annual Rental income £ 4,440.
Yield 18 %Market Analysis (Land Registry)
Consecutive prices rise of 6.19% increase in the last 1 year
Comparables
1 The Terrace. Ardbeg PA20.
1 Bed Flat.
Sold 2014 for £ 42,000.
10 The Terrace, Ardbeg PA20
1 Bed Flat,
Sold 2012 for £44,000


Property Features :

  • Tenanted at £ 4,440 per annum
  • RIC´s Valuation £ 40,000 ( November 2014)
  • 37.5 % below market Valuation
  • Immaculate Condition
  • High Residential Rental Demand Area
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