2 Bed Flat, Single Let, Stevenston, KA20 3LG, £45,000

Caledonian Road, Stevenston, Ayrshire, KA20 3LG - 6 months ago

BTL
ROI: 20%
~68 m²
+5 photos

ValuationFair Value

Sold Prices£35K - £133K

 

 

Square Metres

~68.11 m²

Value Estimate

£45,000

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£11,250

Stamp Duty & Legal Fees

£3,450

Total Cash In

£14,700

 

 

Cash Out

 

Rent Range

£450 - £825

Rent Estimate

£500

Running Costs/mo

£261

Cashflow/mo

£239

Cashflow/yr

£2,873

ROI

20%

Gross Yield

13%

Local Sold Prices

35 sold prices from £35K to £133K, average is £57.3K.

PriceDateDistanceAddressBeds 
£66.1K12/210.07 mi13, Morris Moodie Avenue, Stevenston, Ayrshire KA20 3NW2
£37K05/210.07 mi42, Morris Moodie Avenue, Stevenston, Ayrshire KA20 3NW2
£45K10/210.07 mi50, Morris Moodie Avenue, Stevenston, Ayrshire KA20 3NW2
£70K04/210.08 mi48, Ardoch Crescent, Stevenston, Ayrshire KA20 3PP2
£71K02/210.08 mi12, Garven Road, Stevenston, Ayr KA20 3NX2
£77K01/210.13 mi37, Shore Road, Stevenston, Ayr KA20 3LA2
£58K12/210.22 mi16a, Station Road, Stevenston, Ayrshire KA20 3NL2
£50K11/200.41 mi4, Moorpark Road West, Stevenston KA20 3HU2
£105K10/210.43 mi12, West Park Court, Moorpark Road West, Stevenston, Ayrshire KA20 3JU2
£50K11/210.64 mi13, Glencairn Street, Stevenston, Ayrshire KA20 3BE2
£66.5K08/210.66 mi8, Glencairn Street, Stevenston, Ayrshire KA20 3BZ2
£50K05/210.66 mi6, Glencairn Street, Stevenston, Ayrshire KA20 3BZ2
£50.6K07/210.67 mi2, Glencairn Terrace, Stevenston, Ayrshire KA20 3BG2
£57K12/200.68 mi87a, Boglemart Street, Stevenston, Ayr KA20 3JN2
£55K09/210.7 mi30, Morrison Avenue, Stevenston, Ayrshire KA20 4ET2
£63K02/210.71 mi12, Millhill Road, Stevenston, Ayrshire KA20 3ET2
£57.3K04/210.73 mi45, Hayocks Road, Stevenston, Ayrshire KA20 4DF2
£78.9K10/210.74 mi4d, High Road, Stevenston, Ayrshire KA20 3DN2
£72K08/210.77 mi26, Hayocks Road, Stevenston KA20 4DG2
£62K07/210.79 mi50, Hayocks Road, Stevenston, Ayrshire KA20 4DQ2
£40K10/210.8 mi103, Glencairn Street, Stevenston, Ayrshire KA20 3BL2
£38K04/210.8 mi99, Glencairn Street, Stevenston, Ayrshire KA20 3BL2
£57.2K08/210.81 mi113, Mcgregor Avenue, Stevenston, Ayrshire KA20 4BJ2
£40K10/210.82 mi35, Mcgregor Avenue, Stevenston, Ayrshire KA20 4BA2
£35K10/210.82 mi49, Mcgregor Avenue, Stevenston, Ayrshire KA20 4BA2
£40K02/210.82 mi59, Mcgregor Avenue, Stevenston, Ayr KA20 4BA2
£60K09/210.84 mi78, Glencairn Street, Stevenston, Ayrshire KA20 3BT2
£65K09/210.84 mi82, Glencairn Street, Stevenston, Ayrshire KA20 3BT2
£54K09/210.89 mi30, Sinclair Street, Stevenston, Ayrshire KA20 4AP2
£65K11/210.89 mi21, Sinclair Street, Stevenston, Ayrshire KA20 4AP2
£54K12/210.89 mi33, Sinclair Street, Stevenston, Ayrshire KA20 4AP2
£75.1K06/210.9 mi44, Sinclair Street, Stevenston, Ayrshire KA20 4AN2
£50K12/200.9 mi45, Sinclair Street, Stevenston, Ayr KA20 4AN2
£72K10/210.9 mi2d, Tiree Place, Stevenston, Ayrshire KA20 3DH2
£133K12/210.96 mi3, Skye Place, Stevenston, Ayrshire KA20 3DG2

Local Rents

14 rents from £450/mo to £825/mo, average is £538/mo.

RentDateDistanceAddressBeds 
£47505/240 miCaledonian Road, Stevenston, North Ayrshire, KA202
£82505/240.05 mi-2
£82505/240.05 mi-2
£60001/240.07 mi11 Morris Moodie Avenue, Stevenston, Ayrshire, KA202
£57504/240.07 miMorris Moodie Avenue, Stevenston, Ayrshire, KA202
£45001/240.08 miArdoch Crescent, Stevenston, Ayrshire, KA202
£60008/240.12 mi-2
£60008/240.12 mi-2
£60007/240.12 miShore Road, Stevenston, KA202
£50007/240.29 miMoorpark Road East, Stevenston, Ayrshire, KA202
£47509/230.44 mi-2
£47509/230.44 mi-2
£47509/230.57 mi-2
£47509/230.57 mi-2

Local Area Statistics

Population in Stevenston

9,438

Town centre distance

0.57 miles away

Nearest school

0.20 miles away

Nearest train station

0.14 miles away

 

 

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+41%

Property History

Listed for £45,000

October 29, 2024

Description

  • FIRST FLOOR +
  • TWO BEDROOMS +
  • COMMUNAL GARDEN +
  • CLOSE TO BEACH AND SHOPS +
  • BUY - TO - LET +

Placed within the first floor, the accommodation extends to the entrance hall, lounge, kitchen, two bedrooms, and shower room.

Benefitting from gas central heating, double glazing, and well-maintained communal garden

This property will achieve £500pcm / £6,000 per annum!

Caledonian Road, has access to a range of local amenities, leisure facilities, and doctors / dental surgeries all of which are within comfortable walking distance and Stevenston Beach.

ROOM DIMENSIONS:

Lounge: 4'97 x3'68
Kitchen: 1'64 x 3'87
Bedroom 1: 3'65x 3'40 x 2'79
Bedroom 2: 2'92 x 2'89

DISCLAIMER:

This property is being sold in its present condition and no warranty will be given to any purchaser with regard to the existence or condition of the services or any heating or other system within the property. Any intending purchasers will be required to accept the position as it exists since no testing of any services or systems can be allowed. No moveable items will be included in the sale.

Agent Details

MacKenzie Way, Ayrshire

01294 442335

Next Steps?

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