Flat 1/1, 2 Mafeking Place, Burnbank Street PA28 6JD
- PROPERTY TYPE
Flat
- BEDROOMS
1
- BATHROOMS
1
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Prime Property Auctions is excited to bring to market this excellent refurbishment opportunity located within a prime location in Campbeltown - Guide price £25,000
- *** 1 Flat 2/2, 1 Mafeking Place, Burnbank Street, Campbeltown,Previously sold for £52,000. Flat 2, Mafeking Place, Burnbank Street, Campbeltown Previously sold for £39,999.***
- Property would benefit from renovation. Fantastic Capital growth potential. Sure to appeal to shrewd investors looking for Rare auction property.
- Once renovated the property would attract a monthly rental of £400-£450 per month (£5,400 p/a,) which would provide an exceptional gross yield of 19-21% based on a guide price of £25,000 - ***POT
- Property is located near a whole host of local amenities including schools, nearby medical facilities, delicatessens and restaurants.
Description
- Prime Property Auctions is excited to bring to market this excellent refurbishment opportunity located within a prime location in Campbeltown - Guide price £25,000
- *** 1 Flat 2/2, 1 Mafeking Place, Burnbank Street, Campbeltown,Previously sold for £52,000. Flat 2, Mafeking Place, Burnbank Street, Campbeltown Previously sold for £39,999.***
- Property would benefit from renovation. Fantastic Capital growth potential. Sure to appeal to shrewd investors looking for Rare auction property.
- Once renovated the property would attract a monthly rental of £400-£450 per month (£5,400 p/a,) which would provide an exceptional gross yield of 19-21% based on a guide price of £25,000 - ***POTENTIALLY HIGH YIELDING INVESTMENT***
- Property is located near a whole host of local amenities including schools, nearby medical facilities, delicatessens and restaurants.
Prime Property Auctions is excited to bring to market this excellent refurbishment opportunity located within a prime location in Campbeltown - Guide price £25,000
Property comprises: Entrance hallway, living room, kitchen, 1 large double bedroom. Property benefits from ample storage throughout.
Prime Opportunity for Property investors looking for a property in an excellent location. Property requires full renovation. Fantastic Capital growth potential. Sure to appeal to builder/investor looking for Rare auction property.
Once renovated the property would attract a monthly rental of £400-£450 per month (£5,400 p/a,) which would provide an exceptional gross yield of 19-21% based on a guide price of £25,000 - ***POTENTIALLY HIGH YIELDING INVESTMENT***
Brilliant BRRR Opportunity. Sure to appeal to investors looking for an easy lettable flat in a sought after location with great potential for Capital Growth. The local areas have seen some great sales recently showing that there is strong demand.
Local sales evidence:
*** 1 Flat 2/2, 1 Mafeking Place, Burnbank Street, Campbeltown,Previously sold for £52,000. Flat 2, Mafeking Place, Burnbank Street, Campbeltown Previously sold for £39,999.***
Excellent Development/ Refurbishment Opportunity. Property is ready for builder/investor/developer to bring to life.
Property has a Guide price of £25,000 and is sure to appeal to investors looking for a property that they can put their own stamp on.
Potentially high yielding investment property.
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” button on our website.
This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
Location:
Campbeltown has a host of great local amenities including a health centre and well-known supermarket. The town is surrounded by scenic countryside, including the Clyde Muirshiel Regional Park, offering opportunities for outdoor activities and exploration. Campbeltown also has various amenities, schools, and community facilities to serve its residents. The local community contributes to its unique character and identity.
Energy performance certificate - ask agent
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
Band: A
Flat 1/1, 2 Mafeking Place, Burnbank Street PA28 6JD
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Girvan Station32.4 miles
About the agent
Prime Property Auctions (Scotland) Ltd, Glasgow
126 West Regent Street, Glasgow, G2 2RQ
Prime Property Auctions is an experienced Property Auction Company, Specialising in Investment Property across Scotland. We can help sell your property be it Residential, Commercial or Land. We have cash buyers looking to buy all property types in any condition, offering a Fast Sale Process.
Each Auction offers a variety of properties. Properties are accepted from one of landlord to Private disposals and Corporate Vendors. We are here to help all potential clients. Auctions are a great
Industry affiliations
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference 200637868. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions (Scotland) Ltd, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Prime Property Auctions (Scotland) Ltd, Glasgow on 0141 465 5880.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
Map data ©OpenStreetMap contributors.