2 Bed Flat, Single Let, Ardrossan, KA22 8JF, £40,000

Winton Street, Ardrossan, Ayrshire, KA22 8JF - a year ago

BTL
ROI: 17%
~68 m²
+2 photos

ValuationUndervalued

Sold Prices£25K - £187.5K
Sold Prices/m²£584/m² - £2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£587/m²

Value Estimate

£49,600
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£10,000

Stamp Duty & Legal Fees

£3,200

Total Cash In

£13,200

 

 

Cash Out

 

Rent Range

£400 - £1,100

Rent Estimate

£419

Running Costs/mo

£229

Cashflow/mo

£190

Cashflow/yr

£2,282

ROI

17%

Gross Yield

13%

Local Sold Prices

50 sold prices from £25K to £187.5K, average is £60.5K. £584/m² to £2K/m², average is £1K/m².

Price
Date
Distance
Address
Beds
 
£42K10/210 mi22c, Winton Street, Ardrossan, Ayrshire KA22 8JF2
£38K09/210 mi18c, Winton Street, Ardrossan, Ayrshire KA22 8JF2
£40K11/240.04 mi24c, Winton Street, Ardrossan KA22 8JF2
£45K12/240.04 mi24b, Winton Street, Ardrossan KA22 8JF2
£60K07/210.07 mi10c, Seton Street, Ardrossan, Ayr KA22 8JH2
£45K04/210.07 mi12a, Seton Street, Ardrossan, Ayrshire KA22 8JH2
£49K11/240.07 mi168, Glasgow Street, Ardrossan KA22 8HA2
£50K12/240.07 mi12d, Seton Street, Ardrossan KA22 8JH2
£62.5K05/250.07 mi10c, Seton Street, Ardrossan KA22 8JH2
£75K02/250.09 mi19d, Seton Street, Ardrossan KA22 8JJ2
£58K01/230.09 mi19a, Seton Street, Ardrossan KA22 8JJ2
£65K12/240.12 mi2, Winton Court, Ardrossan KA22 8HZ2
£35K01/250.14 mi13, Barr Street, Ardrossan KA22 8HJ2
£68K02/230.14 mi47a, Montgomerie Street, Ardrossan KA22 8HP2
£65.5K01/230.15 mi25, Caledonia Crescent, Ardrossan KA22 8LW2
£52K05/250.16 mi97, Barrie Terrace, Ardrossan KA22 8AZ2
£48.3K03/210.16 mi21a, Barrie Terrace, Ardrossan, Ayr KA22 8AZ2
£60K06/210.16 mi123, Barrie Terrace, Ardrossan, Ayrshire KA22 8AZ2
£53K04/210.16 mi77, Barrie Terrace, Ardrossan, Ayrshire KA22 8AZ2
£60K05/210.16 mi67, Barrie Terrace, Ardrossan, Ayrshire KA22 8AZ2
£60K08/210.16 mi35, Barrie Terrace, Ardrossan, Ayrshire KA22 8AZ2
£76.3K09/210.17 mi1, St. Johns Place, Ardrossan, Ayrshire KA22 8HN2
£64K08/230.17 mi81, Barrie Terrace, Ardrossan KA22 8AZ2
£35.5K02/210.18 mi96, Barrie Terrace, Ardrossan, Ayr KA22 8BA2
£55K11/210.21 mi20, Hunter Avenue, Ardrossan, Ayrshire KA22 8BD2
£62K06/210.23 mi93b, Glasgow Street, Ardrossan, Ayrshire KA22 8ER2
£45K04/250.24 mi89b, Glasgow Street, Ardrossan KA22 8ER2
£40K01/230.26 mi29, Mcdowall Avenue, Ardrossan KA22 7AJ2
£58K12/240.29 mi19d, Montgomerie Street, Ardrossan KA22 8EQ2
£187.5K02/250.3 mi8, Arran Place, Ardrossan KA22 8DR2
£70K03/210.3 mi16, Kilmeny Court, Ardrossan, Ayrshire KA22 8DJ2
£66K12/210.3 mi14, Kilmeny Court, Ardrossan, Ayrshire KA22 8DJ2
£60K04/250.3 mi5, Kilmeny Court, Ardrossan KA22 8DJ2
£77K05/230.3 mi3, Kilmeny Court, Ardrossan KA22 8DJ2
£61K11/240.3 mi18b, Montgomerie Street, Ardrossan KA22 8EQ2
£187.5K02/250.32 mi8, Arran Place, Ardrossan, Ayrshire KA22 8DR2
£115K10/210.32 mi4, Kirkhall Gardens, Ardrossan, Ayrshire KA22 7BX2
£45K11/240.33 mi24a, Glasgow Street, Ardrossan KA22 8EH2
£50K05/210.33 mi10c, Montgomerie Street, Ardrossan, Ayrshire KA22 8EG2
£25K03/210.35 mi12d, Glasgow Street, Ardrossan, Ayr KA22 8EL2
£105K04/210.36 mi106, Mariners View, Ardrossan KA22 8BH2
£110K08/210.36 mi113, Mariners View, Ardrossan, Ayrshire KA22 8BH2
£110K08/210.36 mi63, Mariners View, Ardrossan KA22 8BH2
£123K03/250.36 mi62, Mariners View, Ardrossan KA22 8BH2
£115K04/230.37 mi103, Mariners View, Ardrossan KA22 8BH2
£88K11/210.37 mi8, Lauriston Court, Ardrossan, Ayrshire KA22 8AG2
£105K12/240.38 mi52, Mariners View, Ardrossan KA22 8BH2
£116K03/230.38 mi47, Mariners View, Ardrossan KA22 8BH2
£111K05/230.38 mi46, Mariners View, Ardrossan KA22 8BH2
£90K08/210.41 mi6, Bath Square, Ardrossan, Ayrshire KA22 8DP2

Local Rents

40 rents from £400/mo to £1.1K/mo, average is £550/mo.

Rent
Date
Distance
Address
Beds
 
£52008/250 miWinton Street, Ardrossan, Ayrshire, KA222
£42507/250 miWinton Street, Ardrossan, North Ayrshire, KA222
£55004/240.02 miWinton Street, Ardrossan, Ayrshire, KA222
£50004/240.07 mi'Seton Court', Seton Street, Ardrossan, Ayrshire, KA222
£57505/250.07 miSeton Street, Ardrossan2
£46008/250.07 miGlasgow Street, Ardrossan, Ayrshire, KA222
£40008/250.11 miGlasgow Street, Ardrossan, KA222
£49501/240.12 miWinton Court, Ardrossan, Ayrshire, KA222
£47507/230.15 mi-2
£53008/250.15 mi-2
£55001/240.15 miCaledonia Crescent, Ardrossan, Ayrshire, KA222
£49504/240.17 miSt. Johns Place, Ardrossan, Ayrshire, KA222
£59508/250.17 mi-2
£52506/230.17 mi-2
£59508/250.17 miSt. Johns Place, Ardrossan, Ayrshire, KA222
£50006/240.17 miSt. Johns Place,Ardrossan,KA222
£55008/250.18 mi-2
£45008/250.24 miHunter Avenue, Ardrossan, KA222
£89007/250.25 mi8a South Crescent Road, Ardrossan, KA22 8DU2
£55008/250.26 miMcdowall Avenue, Ardrossan, Ayrshire, KA222
£40008/250.26 miMcDowall Avenue, Ardrossan, Ardrossan2
£42508/250.26 miGlasgow Street, Ardrossan, Ayrshire, KA222
£72506/250.27 miRaylight Place, Ardrossan, Ayrshire, KA222
£64507/250.3 miKilmeny Court, Ardrossan, KA22 8DJ2
£64508/250.3 miKilmeny Court, Ardrossan, KA22 8DJ2
£59504/240.32 miGlasgow Street, Ardrossan, KA222
£60005/240.32 miGlasgow Street, Ardrossan, KA222
£64504/240.32 mi-2
£60006/240.32 mi-2
£1,10001/240.33 mi-2
£57505/240.35 miHill Street, Ardrossan2
£50008/250.35 mi-2
£70006/250.35 miMariners View, Ardrossan2
£52507/250.36 miBirch Terrace, Ardrossan2
£63501/240.36 miBirch Terrace, Ardrossan, Ayrshire, KA222
£80008/250.36 miMariners View, Ardrossan, Ayrshire, KA222
£49508/250.4 mi33 Harvey Gardens, Ardrossan2
£50007/250.43 miMariners View, Ardrossan, North Ayrshire, KA222
£60004/240.43 miMariners View, Ardrossan, North Ayrshire, KA222
£75008/250.43 miDockers Gardens, Ardrossan, Ayrshire, KA222

Local Area Statistics

 

 

Rental growth (12m)

-14%

Sales demand

Seller's market

Capital growth (5yrs)

+42%

Property History

Listed for £40,000

July 18, 2024

Description

MacKenzie Way are pleased to present this two bedroom upper flat of considerable potential ideally suited to investors and renovators seeking a worthwhile opportunity to create a bespoke home tailored to individual taste.

In summary, the deceptively spacious accommodation comprises a well-proportioned lounge, fitted kitchen, two double bedrooms and a sizable bathroom suite.

In greater detail, the lounge, with its high ceilings, creates a sense of space and grandeur, laying the foundation for a luxurious living area. The fitted kitchen is presented in good condition and awaits culinary and tasty adventures. The two double bedrooms provide ample space for relaxation and storage, with thoughtful redesign these can become your ultimate sanctuary. The large bathroom is poised for a modern makeover.

Winton Street is placed in the heart of Ardrossan which is home to a range of local amenities, supermarkets, leisure facilities, doctors / dental surgeries all of which are within comfortable walking distance. Ardrossan ferry terminal with direct sailings to the isles of Arran and Campbeltown is also a short stroll from the property.

ROOM DIMENSIONS

Lounge: 4.3m x 3.7m
Kitchen: 4.2m x 1.6m
Bedroom 1: 4.2m x 3.1m
Bedroom 2: 4.2m x 3.1m
Bathroom: 2.6m x 2m

Agent Details

MacKenzie Way, Ayrshire

01294 442335

Next Steps?

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