Main Street Kilbirnie, KA25

2 bedroom Commercial, Flat in Kilbirnie

For Sale
Offers Over £63,000
Current Yield 12.6 %
Potential Yield 11.4 %
Property Reference: 187024104
  • Commercial, Flat
  • 2 Bedrooms
  • 1 Bathrooms
  • 1 Receptions
  • 783 sq ft

Property Features

Property Features

  • COMMERCIAL & RESIDENTIAL SPACE AVAILABLE
  • Buy-to-Let Opportunity
  • Long Term Tenant Currently Situated (in Residential Space)
  • Likely to attract enquiries from Serious Investors & Developers
  • Large, Spacious Rooms
  • Modern Fittings
  • Kilbirnie Town Centre Location
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

Our latest listing is a piece of real estate in the town centre of Kilbirnie - a 2 bedroom flat with modern fittings throughout and two storey commercial space. Both are included in this sale and with both let out, this would be an extremely rewarding rental investment for an investor!

The flat is found on the first floor and features 2 bedrooms, a modern three piece bathroom, a spacious lounge, and modern kitchen.

The commercial space is two storeys, one on the ground floor and one on a basement level, a kitchen area, bathroom and very spacious rooms.

Investment Details

The property currently produces an annual gross income of £11,400 with the flat currently let out.

Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

If you are interested in viewing the Home Report, please call us.

Tenant

The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

Location

The property is found within the town centre of Kilbirnie. Here the tenants have walking distance access to various amenities such as convenience stores, supermarkets, bars and restaurants, and local service businesses.

Because of the location, the building will also receive a lot of attention from locals which will prove to be very attractive to local businesses looking to rent out a commercial space.

Lounge

The lounge is open plan and makes for an ample living area with lots of space for furniture and gatherings.

Kitchen

The kitchen is a modern building and has been well kept by the tenants.

Bathroom

The property has a modern three piece bathroom that consists of a WC, wash basin and bathtub with an electric shower.

Bedrooms

Both bedrooms are a fantastic size with plenty of room for beds, bedroom furniture and storage cabinets.

Let Property are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is fully refundable in the event of non-completion at no fault of your own.

Helpful Information

Property Reference: 187024104

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £950
  • Potential Rent pcm: £900
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 2 years +
  • Tenants means of funding: Employment
Property Reference: 187024104
Property Reference: 187024104

Property Location

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Request DetailsMain Street Kilbirnie, KA25

Offers Over £63,000

Make an offer
Main Street Kilbirnie, KA25

Listing Price

Offers Over £63,000

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. A fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion. Terms and payment details will be provided upon verbal acceptance of your offer.