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Block of flats for sale

£95,000 Offers over

Fort Street, Ayr KA7

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Property features

  • Central heating

Property description

Offered to the market is this Traditional, 3 Story, Red Sandstone fronted attached Town House centrally positioned for Ayr Town Centre with all amenities, eateries and nightlife literally on the door step. The bus and train stations are within easy reach and the University and College are within walking distance as is the beach and leisure facilities.

The property is fully hmo compliant and currently operates as bedsits.

The building requires re decoration and upgrading works to the bathrooms and kitchen fixtures but once completed in its current form of 5 bed sits plus a laundry room would generate an average income of around £70-£90 per room per week depending on finishes and type of clientele sought which could equate to an annual income of around £23400 if fully occupied giving a potential yield of 18% depending on costs.

The figures quoted are for guidance purposes only to outline the general opportunity on offer and may vary depending on market conditions and the type of occupants.

There are also plans available to convert the building into a 1 bedroom, 1st floor duplex flat and 2 bedroom 2nd floor flat with a mid-landing store area. Both the existing layout plans and proposed conversion plans are attached for illustration purposes.

The accommodation comprises of entrance vestibule, entrance hall with ground floor kitchen and store off, mid landing with kitchen off, 1st floor landing with 2 apartments and bathroom off, 2nd floor landing with 3 apartments plus laundry room which has the scope to convert to a 6th bedsit and bathroom.

The property has gas central heating installed and has an external bin store area. There are also some internal, original features which have been untouched.

This is a fantastic opportunity to develop this Town House in central Ayr as both a business or conversion.

Accommodation Summary:

Ground Floor

Entrance Vestibule

Locking front door access to entrance vestibule, access to entrance hall.

Entrance Hall

Access to ground floor kitchen and store, stairway to upper floor.

Kitchen/ Store

Entrance with access to Kitchen with rear store off.
Entrance 7’7 max x 4’2 Approx. Kitchen 11’3 x 7’7 Approx. Store 7’5 x 6’7 Approx.

Mid Landing

Kitchen 10’5 max x 7’5 max Approx.

1st Floor

Landing

Room 1 21’4 x 15’0 Approx.

Room 2 18’0 x 10’9 with Bedroom off 10’8 x 7’0 Approx.

Bathroom 7’5 x 5’2 Approx.

2nd Floor

Landing

Room 3 14’0 x 10’9 Approx.

Room 4 12’5 x 11’0 Approx.

Room 5 15’0 x 12’5 Approx.

Laundry Room 14’0 x 10’9 Approx.

Bathroom 7’5 x 5’2 Approx.


Disclaimer


The details within this schedule are for advertisement purposes only. Every attempt is made to ensure this is current at the time of production; however, the particulars may change over time. Measurements are to be used a guide only. Photos of the property may contain furniture that may not be included in the sale. Exact details of what is included should be clarified in advance of any offer.


Property info

Market activity
Average price paid £178,433 Sales 481 Current average value £224,719 (Zoopla Zed-Index) Value change £6,129 ▲ 2.80%

Property value data/graphs for KA7

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £332,310 £209 3.5 £276,852
Semi-detached £198,718 £178 3.1 £150,492
Terraced £156,079 £155 2.9 £118,695
Flats £140,610 £176 2.0 £106,622

Current asking prices in KA7

Average: £192,978
Avg. current asking prices in KA7
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £77,500
(2)
£122,499
(8)
£156,814
(11)
£282,214
(14)
£438,333
(3)
Flats £67,125
(8)
£122,320
(17)
£162,375
(8)
£105,000
(1)
-
All £69,200
(10)
£122,378
(25)
£159,155
(19)
£270,400
(15)
£438,333
(3)

Current asking rents in KA7

Average: £617 pcm
Avg. current asking prices in KA7
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £797 pcm
(3)
£702 pcm
(9)
£949 pcm
(1)
-
Flats £456 pcm
(7)
£545 pcm
(12)
- - -
All £456 pcm
(7)
£595 pcm
(15)
£702 pcm
(9)
£949 pcm
(1)
-

Fun facts for KA7

Highest value in KA7
Highest value streets Zed-Index
Belleisle £889,328
Southpark Road £680,840
Shanter Wynd £612,827
Ayr KA7 £583,647
Baird Road £545,782
Highest turnover in KA7
Highest turnover streets Turnover
Glendrissaig Drive 96.3%
Yeomanry Place 89.5%
Cumbrae Drive 73.3%
Bentfield Avenue 70.0%
Racecourse Road 66.7%

What Zoopla users think of Ayr

Overall rating:

  • currently 4 stars
Very good - 78% (48 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Ayr:

Tell us what you think of this area by rating these categories.
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Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Ayr (0.5 miles)
  • Newton-on-Ayr (0.8 miles)
  • Prestwick Town (2.8 miles)
  • Glasgow Prestwick Airport (3.7 miles)
  • Glasgow Airport (29.4 miles)
  • Edinburgh Airport (59.8 miles)
  • Ayr Compass Pier (0.4 miles)
  • Troon Ferry Terminal (6.2 miles)
  • Ardrossan Ferry Terminal (14.3 miles)

Nearby schools

View all schools in South Ayrshire
  • Holmston Primary School (0.5 miles)
  • Grammar Primary School (0.7 miles)
  • Wellington School Primary (0.7 miles)
  • Ayr Academy (0.1 miles)
  • Ayr College (0.6 miles)
  • Belmont Academy (1.3 miles)
  • Craigpark School (1.2 miles)
  • South Park School (1.2 miles)
  • Haysholm School (11.0 miles)
Note: Distances are straight line measurements

Local info for South Ayrshire

About the neighbours in KA7

AskMe Q&A for South Ayrshire

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For more information about this property, please contact
Homesure Property Management, KA7 on +44 1292 877002 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Homesure Property Management, and do not constitute property particulars. Please contact Homesure Property Management for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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