Block of flats for sale in Fort Street, Ayr KA7
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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.
Locking front door access to entrance vestibule, access to entrance hall.
Access to ground floor kitchen and store, stairway to upper floor.
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.
Kitchen 10’5 max x 7’5 max Approx.
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.
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.
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.
Glasgow Prestwick Airport
Ayr Compass Pier
Troon Ferry Terminal
Ardrossan Ferry Terminal
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Holmston Primary School
Grammar Primary School
Wellington School Primary
South Park School
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Local info for South Ayrshire
About the neighbours in KA7
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 PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation 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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