2 Bed Flat, Single Let, Ayr, KA6 5BZ £55,000

6 Drumley Drive, Mossblown, Ayr, KA6 5BZ - 6 views - 10 months ago
Sold STC
BTL
ROI: 17%
~68 m²
Property image
Property image

ValuationFair Value

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

 

 

Square Metres

~68.11 m²
Price/m²£808/m²

Value Estimate

£54,625

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£13,750

Stamp Duty & Legal Fees

£3,950

Total Cash In

£17,700

 

 

Cash Out

 

Rent Range

£550 - £695

Rent Estimate

£550

Running Costs/mo

£302

Cashflow/mo

£248

Cashflow/yr

£2,978

ROI

17%

Gross Yield

12%

Local Sold Prices

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

Price
Date
Distance
Address
Beds
 
£65K06/240 mi49, Drumley Drive, Mossblown, Ayr, Ayrshire KA6 5BZ2
£62.5K08/250.06 mi8, Drumley Drive, Ayr KA6 5BZ2
£63.8K03/250.06 mi6, Drumley Drive, Ayr KA6 5BZ2
£53K08/250.07 mi4, Drumley Drive, Ayr KA6 5BZ2
£50K04/240.08 mi13, Miller Place, Ayr KA6 5DA2
£73K12/240.11 mi20, Mauchline Road, Ayr KA6 5DB2
£62K03/250.37 mi94, Mauchline Road, Ayr KA6 5DL2
£58K02/231.08 mi40, Brown's Crescent, Ayr KA6 5EB2
£72.5K03/231.08 mi39, Brown's Crescent, Ayr KA6 5EB2
£79K10/241.11 mi7, Weston Avenue, Ayr KA6 5EE2
£63.2K01/231.12 mi17, Weston Avenue, Ayr KA6 5EE2
£77.6K10/241.13 mi27, Weston Avenue, Ayr KA6 5EE2
£72K08/241.14 mi43, Weston Avenue, Annbank, Ayr KA6 5EE2
£61K03/251.18 mi18, Goodwin Drive, Ayr KA6 5ET2
£71K06/211.2 mi30, Goodwin Drive, Annbank, Ayr KA6 5ET2
£76K07/251.21 mi75, Weston Avenue, Ayr KA6 5EF2
£83K06/251.23 mi72, Weston Avenue, Ayr KA6 5EQ2
£83K06/251.23 mi72, Weston Avenue, Ayr KA6 5EQ2
£72K01/231.26 mi81, Goodwin Drive, Ayr KA6 5ES2
£162K02/251.63 miChestnut Cottage, Annbank KA6 5AJ2
£145K11/241.97 mi2, Hannah Court, Ayr KA6 5JF2

Local Rents

10 rents from £550/mo to £695/mo, average is £600/mo.

Rent
Date
Distance
Address
Beds
 
£55007/240.06 mi-2
£60010/250.06 mi-2
£60008/250.06 miDrumley Drive, Mossblown, Ayr, KA62
£60008/250.06 miDrumley Drive, Mossblown, Ayr, KA62
£60009/250.06 miDrumley Drive, Mossblown, Ayr, KA62
£60009/250.06 miDrumley Drive, Mossblown, Ayr, KA62
£60010/250.06 miDrumley Drive, Mossblown, Ayr, KA62
£60010/250.06 miDrumley Drive, Mossblown, Ayr, KA62
£60010/250.06 miDrumley Drive, Mossblown, Ayr, KA62
£69510/250.43 miChurch Drive, Mossblown, KA62

Local Area Statistics

Population in Ayr

66,386

Town centre distance

4.75 miles away

Nearest school

0.40 miles away

Nearest train station

3.39 miles away

 

 

Rental growth (12m)

+16%

Sales demand

Seller's market

Capital growth (5yrs)

+23%

Property History

Listed for £55,000

January 22, 2025

Floor Plans

Property image

Description

  • 2 Double Bedrooms +
  • Spacious Accommodation +
  • Gas Central Heating +
  • Double Glazing +
  • Local Amenities +
  • Countryside Village +
  • Local Primary School +
  • Investment Opportunity +
  • Popular Residential Location +
  • Viewings Recommended +

*CLOSING DATE - FRIDAY 31ST JANUARY 2025 AT 12PM*

Martin & Co proudly bring to the market this well presented 2 bed ground floor apartment located in the popular village of Mossblown. With good access to local amenities such as a range of shops, an activity centre, public transport links, local schooling and close the A77 for the commuter.

This on-the-level accommodation extends to spacious lounge, attractive kitchen with both base and wall fitted units, a family bathroom and 2 double bedrooms. The property also benefits from own front & rear door entry & private outside area.

An ideal first time purchase or buy-to-let opportunity.

Early viewing is advised.

Agent Details

Martin & Co, Ayr

01292 431542

Next Steps?

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