2 Bed Flat, Single Let, Ayr, KA6 5ET £61,000

Goodwin Drive, Ayr, Ayrshire, KA6 5ET - 15 views - a year ago

BTL

ROI: 14%

~68 m²

ValuationFair Value

Sold Prices	£50K - £162K
Sold Prices/m²	£714/m² - £2.6K/m²

Square Metres	~68.11 m²
Price/m²	£896/m²
Value Estimate	£61,875£61,875

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£15,250£15,250
Stamp Duty & Legal Fees	£4,250£4,250
Total Cash In	£19,500£19,500

Cash Out
Rent Range	£460 - £695£460 - £695
Rent Estimate	£550
Running Costs/mo	£321£321
Cashflow/mo	£229£229
Cashflow/yr	£2,753£2,753
ROI	14%14%
Gross Yield	11%11%

Local Sold Prices

25 sold prices from £50K to £162K, average is £72K. £714/m² to £2.6K/m², average is £1.1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£71K	06/21	0 mi	30, Goodwin Drive, Annbank, Ayr KA6 5ET	-	-	2	Flat
£61K	03/25	0.02 mi	18, Goodwin Drive, Ayr KA6 5ET	-	-	2	Flat
£72K	08/24	0.08 mi	43, Weston Avenue, Annbank, Ayr KA6 5EE	-	-	2	Flat
£63.2K	01/23	0.08 mi	17, Weston Avenue, Ayr KA6 5EE	£903	70	2	Flat
£77.6K	10/24	0.08 mi	27, Weston Avenue, Ayr KA6 5EE	£1,077	72	2	Flat
£79K	10/24	0.09 mi	7, Weston Avenue, Ayr KA6 5EE	£1,162	68	2	Flat
£58K	02/23	0.13 mi	40, Brown's Crescent, Ayr KA6 5EB	£879	66	2	Flat
£72.5K	03/23	0.13 mi	39, Brown's Crescent, Ayr KA6 5EB	£1,115	65	2	Flat
£83K	06/25	0.13 mi	72, Weston Avenue, Ayr KA6 5EQ	-	-	2	Flat
£83K	06/25	0.13 mi	72, Weston Avenue, Ayr KA6 5EQ	-	-	2	Flat
£72K	01/23	0.13 mi	81, Goodwin Drive, Ayr KA6 5ES	£1,059	68	2	Flat
£76K	07/25	0.13 mi	75, Weston Avenue, Ayr KA6 5EF	-	-	2	Flat
£162K	02/25	0.43 mi	Chestnut Cottage, Annbank KA6 5AJ	£2,571	63	2	Flat
£73K	12/24	1.09 mi	20, Mauchline Road, Ayr KA6 5DB	£1,090	67	2	Flat
£53K	08/25	1.16 mi	4, Drumley Drive, Ayr KA6 5BZ	-	-	2	Flat
£62.5K	08/25	1.16 mi	8, Drumley Drive, Ayr KA6 5BZ	-	-	2	Flat
£63.8K	03/25	1.16 mi	6, Drumley Drive, Ayr KA6 5BZ	-	-	2	Flat
£65K	06/24	1.2 mi	49, Drumley Drive, Mossblown, Ayr, Ayrshire KA6 5BZ	-	-	2	Flat
£50K	04/24	1.2 mi	13, Miller Place, Ayr KA6 5DA	£714	70	2	Flat
£62K	03/25	1.21 mi	94, Mauchline Road, Ayr KA6 5DL	-	-	2	Flat
£96K	10/21	1.88 mi	18, Kyle Crescent, Coylton, Ayr, Ayrshire KA6 6NP	-	-	2	Flat
£79.6K	07/21	1.88 mi	14, Kyle Crescent, Coylton KA6 6NP	-	-	2	Flat
£90K	04/23	1.88 mi	12, Kyle Crescent, Ayr KA6 6NP	£1,636	55	2	Flat
£65K	08/25	1.98 mi	37, Gallowhill Quadrant, Ayr KA6 6HU	-	-	2	Flat
£80K	07/25	1.99 mi	11, Arthurston Terrace, Ayr KA6 6HY	-	-	2	Flat

‌

‌
‌
‌
‌
‌
‌
‌
‌
‌
‌

Local Area Statistics

Population in Ayr	66,38666,386
Town centre distance	4.42 miles away4.42 miles away
Nearest school	0.80 miles away0.80 miles away
Nearest train station	4.15 miles away4.15 miles away

Rental growth (12m)	+16%+16%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+23%+23%

Property History

Price changed to £61,000

March 4, 2025

Listed for £62,500

August 26, 2024

Floor Plans

Description

MacKenzie Way offer to the market 18 Goodwin Drive - A delightful two bedroom lower cottage flat nestled within the tranquil village of Annbank.

Internally, the reception hallway unfolds to all apartments, the first being the front facing lounge which is a bright and cosy space, through the lounge is the fitted kitchen with ample wall and base units, washing machine and electric cooker all in good order. The spacious double bedrooms provide ample space for rest and relaxation. The family bathroom is fully equipped with a white suite and each room benefits from double glazing and electric heating to ensure continuous warmth.

Externally, the property benefits from off-street paved driveway and a spacious rear garden waiting to unleash its potential.

The serene village of Annbank offers genuine countryside living whilst remaining within easy reach of Ayrshires larger towns.

ROOM DIMENSIONS:

Lounge: 3.87m x 4.72m
Kitchen: 3.27m x 2.87m
Bedroom 1: 4.25m x 4.72m
Bedroom 2: 4.06m x 2.87m
Bathroom: 1.81m x 1.80m

Council Tax Band: A
EER: E

Agent Details

MacKenzie Way, Ayrshire

01294 442335

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

Similar Properties

Like this property? Maybe you'll like these ones close by too.