71 Forge Road, Ayr, KA8 9NJ
- PROPERTY TYPE
Terraced
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Prime Property Auctions New Tenanted Investment Property, available for immediate purchase. Large 2 bedroom mid terraced house sold with tenant in situ. HOME REPORT £120,000
- *** 103 Forge Road, Ayr, KA8 9NJ sold for £132,500 October 2021, 61 Forge Road, Ayr, KA8 9NJ sold for £132,500 May 2021 ***
- Property is currently tenanted at £475 with long term tenants in situ. This would provide a great 7% yield based on the guide price.
- Property has a rental potential of £625 - £700 per calendar month. Great potential yield if achieved for Guide price of £105,000.
- Situated in a highly desirable location near Ayr town centre and all local amenities. Sure to appeal to investors looking for Capital and Rental Growth
Description
- Prime Property Auctions New Tenanted Investment Property, available for immediate purchase. Large 2 bedroom mid terraced house sold with tenant in situ. HOME REPORT £120,000
- *** 103 Forge Road, Ayr, KA8 9NJ sold for £132,500 October 2021, 61 Forge Road, Ayr, KA8 9NJ sold for £132,500 May 2021 ***
- PProperty is currently tenanted at £475 with long term tenants in situ. This would provide a great 7% yield based on the guide price.
- Property has a rental potential of £625 - £700 per calendar month. Great potential yield if achieved for Guide price of £105,000.
- Situated in a highly desirable location near Ayr town centre and all local amenities. Sure to appeal to investors looking for Capital and Rental Growth
Prime Property Auctions New Tenanted Investment Property, available for immediate purchase. Large 2 bedroom mid terraced house sold with tenant in situ. HOME REPORT £120,000.
Property comprises: Ground Floor: Entrance hall, living room, kitchen. First Floor: Landing, 2 bedrooms and bathroom.
Property is currently tenanted on an SAT agreement signed in 2016. The tenant pays £475. The property is professionally managed by local letting agent with all certs in place. The property is currently rented below market rent and has some fantastic potential for growth, with a rental potential of £650 - £725 per calendar month. Great potential yield if achieved for Guide price of £105,000.
The property has a current home report valuation of £120,000 in its current condition with some fantastic capital growth potential showing from some recent sales in the area:
*** 103 Forge Road, Ayr, KA8 9NJ sold for £132,500 October 2021, 61 Forge Road, Ayr, KA8 9NJ sold for £132,500 May 2021 ***
Property is currently generating a gross an annual income of £5,700, with the potential of £7,800 - £8,700. Great potential yield of 7.4% - 8.3% if achieved for Guide price of £105,000.
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” button on our website.
This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
Location:
Both Ayr & Prestwick are well established with mixed main street shopping, restaurants, amenities, whilst the sweeping promenade/seafront is within walking distance or cycle/car journey. Public transport includes bus & train. Prestwick Airport is nearby whilst the property is also convenient for access to the A77. This desirable home is of broad appeal, valued by local buyers, retired/semi-retired client/s, whilst further afield it will likely be of particular interest to Glasgow based buyers or those relocating from South of the Border, seeking a change of lifestyle from city to seaside ...and a better work/life balance.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: C
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
71 Forge Road, Ayr, KA8 9NJ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Newton-on-Ayr Station0.7 miles
- Ayr Station1.5 miles
- Prestwick Town Station1.6 miles
About the agent
Prime Property Auctions (Scotland) Ltd, Glasgow
126 West Regent Street, Glasgow, G2 2RQ
Prime Property Auctions is an experienced Property Auction Company, Specialising in Investment Property across Scotland. We can help sell your property be it Residential, Commercial or Land. We have cash buyers looking to buy all property types in any condition, offering a Fast Sale Process.
Each Auction offers a variety of properties. Properties are accepted from one of landlord to Private disposals and Corporate Vendors. We are here to help all potential clients. Auctions are a great
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 188883602. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions (Scotland) Ltd, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Prime Property Auctions (Scotland) Ltd, Glasgow on 0141 465 5880.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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