2 Bed Flat, Single Let, Ayr, KA8 9BP £90,000

Springbank Road, Ayr, KA8 9BP - 4 views - 10 months ago
Sold STC
BTL
ROI: 7%
~57 m²
Property image

ValuationOvervalued

Sold Prices£39K - £190K
Sold Prices/m²£968/m² - £2.1K/m²

 

 

Square Metres

~56.86 m²
Price/m²£1.6K/m²

Value Estimate

£82,131

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£5,700

Total Cash In

£28,200

 

 

Cash Out

 

Rent Range

£375 - £895

Rent Estimate

£572

Running Costs/mo

£416

Cashflow/mo

£156

Cashflow/yr

£1,876

ROI

7%

Gross Yield

8%

Local Sold Prices

50 sold prices from £39K to £190K, average is £91.5K. £968/m² to £2.1K/m², average is £1.4K/m².

Price
Date
Distance
Address
Beds
 
£91K07/210.09 mi116, Prestwick Road, Ayr KA8 8JT2
£102K05/240.09 mi108c, Prestwick Road, Ayr, Ayrshire KA8 8JT2
£190K06/210.11 mi115, Prestwick Road, Ayr, Ayrshire KA8 8NH2
£94K05/210.11 mi12a, Callendar Place, Ayr, Ayrshire KA8 9EL2
£105K06/240.13 mi12b, Callendar Place, Ayr KA8 9EL2
£95K05/230.14 mi15, Woodfield Crescent, Ayr KA8 8NU2
£125K04/240.15 mi37, Elms Way, Ayr, Ayrshire KA8 9FB2
£100K05/250.15 mi8, Ettrick Place, Ayr KA8 9HH2
£85K03/230.15 mi9, Ettrick Place, Ayr KA8 9HH2
£137.5K01/250.16 mi21, Elms Way, Ayr KA8 9FB2
£85K07/250.16 mi40b, Annpit Road, Ayr KA8 9DD2
£98K03/250.17 mi5, Woodfield Crescent, Ayr KA8 8NU2
£83K07/210.17 mi59, Woodfield Crescent, Ayr, Ayrshire KA8 8NU2
£100K04/240.17 mi71, Woodfield Crescent, Ayr, Ayrshire KA8 8NU2
£92K12/210.17 mi13, Woodfield Crescent, Ayr KA8 8NU2
£84.1K05/250.17 mi42a, Annpit Road, Ayr KA8 9DD2
£130K08/240.2 mi13a, Bellesleyhill Avenue, Ayr KA8 9BE2
£75K07/250.21 mi9, Paterson Street, Ayr KA8 9HA2
£72K06/210.22 mi23, Paterson Street, Ayr KA8 9HA2
£105K07/210.22 mi28, Marchfield Quadrant, Ayr, Ayrshire KA8 8PE2
£86K09/210.22 mi58, Marchfield Quadrant, Ayr, Ayrshire KA8 8PE2
£85K12/210.22 mi34, Marchfield Quadrant, Ayr KA8 8PE2
£146.5K12/210.23 mi50b, Prestwick Road, Ayr, Ayrshire KA8 8JR2
£117.3K01/250.23 mi68, Marchfield Quadrant, Ayr KA8 8PE2
£60K02/240.28 mi27, Marchfield Quadrant, Ayr KA8 8PF2
£94K06/240.28 mi35, Marchfield Quadrant, Ayr, Ayrshire KA8 8PF2
£165.8K04/250.29 mi44f, Prestwick Road, Ayr KA8 8LB2
£150K04/230.29 mi44e, Prestwick Road, Ayr KA8 8LB2
£91K05/230.31 mi30, Oswald Place, Ayr KA8 8PL2
£95K10/210.31 mi87, Paterson Street, Ayr, Ayrshire KA8 9HD2
£52.5K12/210.31 mi60, Paterson Street, Ayr KA8 9HD2
£134.7K10/210.33 mi13, Campbell Street, Ayr, Ayrshire KA8 9AR2
£68.5K11/210.33 mi2b, Georges Avenue, Ayr, Ayrshire KA8 9HW2
£91K12/210.33 mi16, Georges Avenue, Ayr KA8 9HW2
£82.5K08/240.35 mi173, Prestwick Road, Ayr KA8 8NW2
£55K05/250.35 mi11a, West Sanquhar Road, Ayr KA8 9HP2
£94K03/230.36 mi36, Heathfield Road, Ayr KA8 9EB2
£72.5K11/210.36 mi3, Young Street, Ayr KA8 8PW2
£80K01/230.37 mi14, Flat C, Mccolgan Place, Ayr KA8 9PU2
£121K06/240.37 mi16b, Mccolgan Place, Ayr KA8 9PU2
£103.1K07/250.37 mi6, Young Street, Ayr KA8 8PW2
£100K10/210.38 mi16a, Mccolgan Place, Ayr KA8 9PU2
£95.5K10/210.38 mi48, Heathfield Road, Ayr, Ayrshire KA8 9ED2
£77.5K04/250.39 mi39, Mosside Road, Ayr KA8 9ET2
£82K05/210.41 mi8, Wellington Street, Prestwick, Ayrshire KA9 2AD2
£39K08/250.41 mi3, Rathlin House, Pleasantfield Road, Prestwick KA9 1TZ2
£75K11/210.42 mi6 Colonsay House, Pleasantfield Road, Prestwick, Ayrshire KA9 1TY2
£85K12/210.42 mi6, Prestwick Road, Ayr KA8 8LA2
£72K05/240.42 mi6d, Prestwick Road, Ayr, Ayrshire KA8 8LA2
£68K01/250.43 miCumbrae House, 8, Pleasantfield Road, Prestwick KA9 1UA2

Local Rents

40 rents from £375/mo to £895/mo, average is £595/mo.

Rent
Date
Distance
Address
Beds
 
£54508/250.11 miCallendar Place, Ayr2
£50007/250.15 miEttrick Place, Ayr, South Ayrshire, KA82
£60005/240.16 miAYR - Maryfield Place2
£70008/240.16 mi-2
£72012/230.18 mi-2
£57508/250.22 miPaterson Street, Ayr, South Ayrshire, KA82
£68008/250.22 miQuail Road, Ayr, South Ayrshire, KA82
£47507/250.27 miPrestwick Road, Ayr, South Ayrshire, KA82
£59509/250.27 miWoodfield Avenue,Ayr,KA82
£65004/240.29 miHeathfield Road, South Ayrshire, KA82
£69508/250.32 miNorthfield Avenue, Ayr2
£89511/250.35 miPrestwick Road, Ayr, Ayrshire, KA82
£65007/230.36 mi-2
£69506/250.36 mi-2
£72006/250.36 mi-2
£55008/250.38 miHeathpark, Ayr, Ayrshire, KA82
£50008/250.38 miMcColgan Place, Ayr2
£49507/250.38 miMcColgan Place, Ayr, Ayrshire, KA8 9PU2
£69512/240.4 mi-2
£62509/080.4 miOswald Road,Ayr,KA82
£42507/250.42 miMcCalls Avenue, Ayr, South Ayrshire, KA82
£59511/250.42 miMcCalls Avenue, Ayr, South Ayrshire, KA82
£47507/250.46 miWaterloo Road, Prestwick, Ayrshire, KA92
£65012/240.53 mi-2
£55008/250.54 miArran Park, Prestwick, KA92
£46008/250.54 miArran Park, Prestwick, KA92
£46007/250.54 miArran Park, Prestwick, KA92
£46007/250.54 miArran Park, Prestwick, KA92
£67502/240.54 mi-2
£47508/250.54 miVirginia Gardens, Ayr, South Ayrshire, KA82
£47602/240.55 mi-2
£58509/230.56 mi-2
£69510/250.56 miSomerset Gardens, Ayr, Ayrshire, KA82
£65007/250.56 mi10A, Virginia Gardens, Ayr, South Ayrshire, KA82
£80008/250.56 miFearnoch, Prestwick, KA92
£55004/240.58 miWalker Road, Ayr, South Ayrshire, KA82
£69511/250.58 miBelvidere Terrace, Ayr, Ayrshire, KA82
£59501/250.58 mi-2
£65008/250.6 miWilson Street, Ayr, Ayrshire, KA82
£37508/250.62 miWilson Street,Ayr,KA82

Local Area Statistics

Population in Ayr

66,386

Town centre distance

2.36 miles away

Nearest school

0.40 miles away

Nearest train station

0.43 miles away

 

 

Rental growth (12m)

+27%

Sales demand

Seller's market

Capital growth (5yrs)

+7%

Property History

Listed for £90,000

January 31, 2025

Floor Plans

Property image

Description

  • Ground Floor Flat +
  • Quiet Residential Location, Close to Amenities and Public Transport +
  • Spacious Lounge-Diner +
  • 2 Double Bedrooms +
  • Enclosed, Large Rear Garden +
  • Ideal for First Time Buyers, or those in need of Ground Floor Property +
  • Potential Investment Property +

CLOSING DATE WED 12TH FEBRUARY @ 12 NOON

Hoppers Estate Agency is pleased to market this 2 bedroom, ground floor flat in a popular residential location in Ayr close to a range of amenities. Comprising entrance hall with storage, lounge, kitchen, 2 double bedrooms and large rear garden. An ideal purchase for first time buyers, those in need of ground level accommodation or investors. Early viewings advised.

The property boasts a spacious and bright front-facing lounge, with fireplace and space for dining. The kitchen contains a good amount of wall and base units offering decent storage and worktop space, with room for appliances. The bedrooms are both good-sized doubles, facing the rear of the property; one boasts French doors out to the sunny rear garden. Completing the accommodation is a wet-room shower with white suite.

The garden to the rear is generous, and fully enclosed - ideal for those with children and/or pets. With garden shed, patio seating area and planting beds, there is ample scope for landscaping or development.

Springbank Road is a quiet location which offers quick and easy access into both Ayr Town Centre and Prestwick. There are regular buses from Prestwick Road, which is a 5-minute walk away, and trains from Newton-On-Ayr station will take you to Glasgow in 45 minutes. For those with children, Newton Park is within a couple of minutes' walk; a beautifully kept space with play park, duck pond and playing fields. There are good local schools, and plenty of sporting and recreational spaces nearby in Prestwick & Ayr. There are a good number of essential amenities close by incl. supermarkets, medical centres, post office and pharmacy.

DIMENSIONS
Lounge:11'7x14'11 approx.
Kitchen: 11'10x7'11 approx.
Bedroom 1: 12'10x12'1 approx.
Bedroom 2: 9'10x12'10 approx.
Shower Room: 5'8x4'5 approx.

VIEWINGS - Strictly by appointment through Hoppers Estate Agency. Tel

Agent Details

Hoppers Estate Agency, Prestwick

01292 431427

Next Steps?

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