Flat for sale in 3/1, Close 2, Mafeking Place, Burnbank Street, Cambeltown PA286Jd PA28

Guide price £23,000
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Flat for sale - 1 bedroom

1

Tenure:
Not available
Council tax band:
Not available

Property features

  • *** prime investment opportunity *** Fully Refurbished 1 Bedroom flat, fantastic holiday let potential of up to £16-17,000pa or long term rental with £500pcm for lease. £6,800pa. Stunning location.
  • As a short term Holiday let/ air bnb /vrbo potential would generate circa £35 per night. £12-13,000 pa. Fantastic yield opportunity in the region of 50%pa as holiday let. Superb views - 3rd floor flat
  • Local sales evidence; 11 Main Street, Campbeltown PA28 6AD sold for £49,000 August 2021***1 Flat 2/2 1 Mafeking Place, Campbeltown, PA28 6JD Sold for £50,000 April 2021*** huge potential***
  • **excellent capital growth** Fully renovated ideal investment with great yield potential if used for short term holiday lets.
  • Town centre location. Situated on the corner of Burbank Place and Bolam Street within Campbeltown’s centre. Close to all local amenities and transport links.

Property description

** sale by auction - 02 May 2024 - Timed Online Auction **

fully refurnbished 1 Bedroom Flat with new kitchen, bathroom and bedroom, perfect Apartment for holiday let potential of up to £15-17,000pa or long term rental with £500pcm for lease. £6,800 per annum. Great opportunity in stunning location. Situated on the 3rd Floor. As a short term Holiday let/ air bnb /vrbo potential would generate circa £35 per night. £12-13,000 pa. Fantastic yield opportunity in the region of 50%pa as holiday let. Superb views - 3rd floor flat local sales evidence; 11 Main Street, Campbeltown PA28 6AD sold for £49,000 August 2021***1 Flat 2/2 1 Mafeking Place, Campbeltown, PA28 6JD Sold for £50,000 April 2021*** huge potential*** **excellent capital growth** Fully renovated ideal investment with great yield potential if used for short term holiday lets. New Windows, New Doors fully refurbished, new main door, new heating system. New bathroom. Sold with new furniture new Double bed, new kitchen, new single bed. Perfect short term Holiday let/ air bnb potentially would generate circa £35 per night. £12-13,000 pa. Fantastic yield opportunity.

The property is situated on the corner of Burbank Place and Bolam Street within Campbeltown’s centre. Campbeltown (population 6,000) is the principal town on Kintyre, a long peninsula on the west coast of Scotland with the Atlantic Ocean on its western seaboard and the Kilbrannan Peninsula and Firth of Clyde on the eastern seaboards. The Mull of Kintyre is to the south. It lies some 50 miles south of Lochgilphead and 138 miles south west of Glasgow and is accessible via the A83. The town is popular with tourists and has recently enjoyed a resurgence in popularity due to investment into local leisure facilities, the revival of whisky production and the support of the major wind power industry that has established itself on the peninsula. The harbour is busy with leisure, craft and fishing boats and the surrounding area provides for excellent golfing and water sports opportunities.

Auction Details
02 May 2024,10am-3pm
Timed Online Auction

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