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1 bed flat for sale

£13,750 Guide price

Castle Street, Maybole KA19

1 1 1
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Property features

  • Fantastic Development Opportunity
  • Centrally Located Property
  • Ideal For The Buy To Let Investor
  • Potential Rental Yield of 30% On Completion
  • Potential rental value £350pcm at lha / £4,200pa

Property description

One bedroom ground floor flat

For the keen diy enthusiast is this one bedroom traditional ground floor flat. The property requires full upgrading and modernisation throughout, although has the potential to acquire a rental yield of over 30% on completion of works, making this an excellent buy to let investment. The property has new windows (excluding the bathroom) and also has gas central heating. This property is currently unhabitable and therefore no home report is required.*

Fantastic development opportunity
Centrally located property
Ideal for the buy to let investor
Potential rental yield of 30% on completion
Potential rental value £350pcm at lha / £4,200pa

Area
Maybole is the capital of Carrick and has a golf course, local sporting facilities and amenities. It is also a short distance from Ayr, Culzean Country Park and Turnberry, as well as being well place for A77 access north and south. Also within a short distance to Maybole train station.

Comparables:
11 Castle Street: Sold £28,000 12/14
11 Castle Street: Sold £30,000 05/14
7 Castle Street: Sold £24,000 01/14

*Unsafe properties
Unsafe properties are evidently in a condition that poses a serious risk to the health or safety of occupants or visitors, or where the way the home is marketed suggests it is unsuitable for occupation in that condition. There is little point in a condition survey being undertaken on a home that is unfit for occupation in any case, and is being advertised as such.

Please copy the link below into your browser to view the Legal Pack:



Lounge
3.8m (12'5") x 2.9m (9'6")

Kitchen
2.6m (8'6") x 1.7m (5'6")

Bedroom
3.1m (10'2") x 2.7m (8'10")

Bathroom
2.6m (8'6") x 2.2m (7'2")


Purchasers notes


Please note that these particulars have been prepared by us on the basis of information provided by our client. If there is any aspect of these particulars that you wish clarified or that you find misleading please contact the office where further information will be made available.

× No tests have been made of services, equipment or fittings.
× No warranty is given or implied as to the condition of buildings, services, fixtures, fittings etc.
× All measurements, distances and acres are approximate.
× Fixtures, fittings and other items are not included unless specified in these details.

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Floorplan(s): Floorplan 1

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Market activity
Average price paid £95,142 Sales 106 Current average value £135,424 (Zoopla Zed-Index) Value change -£882 ▼ -0.65%

Property value data/graphs for KA19

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £224,967 £147 3.5 £177,350
Semi-detached £123,196 £125 2.9 £105,161
Terraced £105,992 £127 2.6 £100,892
Flats £56,693 £74 1.8 £34,382

Current asking prices in KA19

Average: £132,909
Avg. current asking prices in KA19
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £65,000
(1)
£87,250
(4)
£147,800
(5)
£233,333
(3)
£289,995
(1)
Flats £24,436
(4)
£55,000
(4)
- - -
All £32,549
(5)
£71,125
(8)
£147,800
(5)
£233,333
(3)
£289,995
(1)

Current asking rents in KA19

Average: £405 pcm
Avg. current asking prices in KA19
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - - £550 pcm
(1)
- -
Flats £299 pcm
(1)
£423 pcm
(2)
£477 pcm
(1)
- -
All £299 pcm
(1)
£422 pcm
(2)
£514 pcm
(2)
- -

Fun facts for KA19

Highest value in KA19
Highest value streets Zed-Index
Kirkmichael £551,020
Straiton £314,268
Crosshill, Maybole KA19 £277,333
Gardenrose Path £224,058
Culzean Road £196,113
Highest turnover in KA19
Highest turnover streets Turnover
Cargill Avenue 46.7%
Roderick Lawson Terrace 43.5%
Kincraig Court 40.0%
Burns Drive 36.8%
Portcheek Terrace 35.3%

What Zoopla users think of Maybole

Overall rating:

  • currently 3.5 stars
Good - 72% (14 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

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  • currently stars
  • 1
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Entertainment & nightlife
  • currently stars
  • 1
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  • 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
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  • 4
  • 5
Transport & travel
  • currently stars
  • 1
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  • 4
  • 5

Nearby transport

  • Maybole (0.1 miles)
  • Ayr (7.5 miles)
  • Newton-on-Ayr (8.6 miles)
  • Glasgow Prestwick Airport (11.3 miles)
  • Glasgow Airport (37.1 miles)
  • Islay Airport (65.7 miles)
  • Ayr Compass Pier (8.0 miles)
  • Girvan Harbour Ferry Terminal (10.4 miles)
  • Troon Ferry Terminal (13.4 miles)

Nearby schools

View all schools in South Ayrshire
  • Cairn Primary School (0.2 miles)
  • Gardenrose Primary School (0.2 miles)
  • Crosshill Primary School (2.6 miles)
  • Carrick Academy (0.6 miles)
  • Queen Margaret Academy (6.7 miles)
  • Belmont Academy (6.8 miles)
  • Craigpark School (6.8 miles)
  • South Park School (6.8 miles)
  • Invergarven School (10.5 miles)
Note: Distances are straight line measurements

Local info for South Ayrshire

About the neighbours in KA19

AskMe Q&A for South Ayrshire

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For more information about this property, please contact
Auction House Scotland, G3 on +44 141 376 8754 * (local rate)

Monthly running costs Beta

£253 Monthly total

Mortgage

Purchase price
Deposit (10%) 1,375
Repayment term 25
Interest rate 1.5
Your payment £49 /mo How Much Could I Borrow In partnership with RBS

These results are not provided by RBS and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £600,000 Contents value up to £60,000 Average insurance cost £10/mo (£121/yr) In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

What more do I get

Up to 9 smart home sensors

Included in the price of your cover

Home emergency assistance

Included in the price of your cover

Contents cover

£75,000 to Unlimited

Buildings cover

£750,000 to Unlimited

Energy

Gas £28 Electricity £42 Estimated energy cost £70/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this size and region.

Estimated consumption

Gas: 9500 kWh/year
Electricity: 3500 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

South Ayrshire

Estimated tax band A Council tax cost £79 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £19 Sewerage £26 Estimated water cost £45 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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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 Auction House Scotland, and do not constitute property particulars. Please contact Auction House Scotland 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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