Auction House / Scotland
  • For Sale By Unconditional Online Auction
  • Guide Price* : £25,000
  • Auction Ended 01/08/2023
  • Lot 53

13F Seton Street, Ardrossan, Ayrshire, KA22 8JJ

FOR SALE VIA NATIONAL ONLINE AUCTION. REGISTER TO BID!

Location

Ardrossan enjoys a picturesque location on the Ayrshire coast and offers a wide range of local facilities including supermarkets and local shops, restaurants and other leisure facilities. Train and bus links are within easy reach and there is a regular ferry service to the Isle of Arran.

Description

One bedroom top floor flat
New to auction is this one bedroom top floor tenement flat, ideally located close to Ardrossan town centre on the North Ayrshire coast. Entered off the well maintained common stairwell, the accommodation comprises spacious lounge with bay window formation, double bedroom, kitchen and shower room. Further benefits include gas central heating, double glazing and garden area to the rear. The property requires some degree of upgrade which offers great potential to add further value. A potential rental yield of more than 16% (LHA rates of £4,189pa), allied with a massive 37% discount against the Home Report value of £40,000, is sure to attract both rental investors and first time buyers. Furthermore, the close proximity to the Ardrossan/Arran ferry terminal could make this perfect for serviced accommodation investors too. Early viewing is essential as this one is sure to move quickly.

Comparables
221 Glasgow Street, Ardrossan, Sold For, £62,750, 02/23
1c Hill Place, Ardrossan, Sold For, £55,000, 12/22

Connected person
Please note that the vendor is a connected person under the terms of the Estate Agents Act 1979

Important Notice to Prospective Buyers

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Administration Charge

3.6% including VAT subject to a minimum fee of £3,600.00 including VAT payable on the fall of the Virtual Gavel.

Disbursements

Please see Legal Pack for any Disbursements.

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* Guide | £25,000
  • 1 Bedroom
  • Unconditional (Immediate Exchange)

Call the team on 0141 339 4466 for more information

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Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.