2 Bed Flat, Single Let, Ayr, KA7 3RL, £50,000

9 C Anderson Crescent, Ayr, KA7 3RL - 4 views - 7 months ago

BTL
ROI: 24%
~68 m²

ValuationOvervalued

Sold Prices£27.5K - £485K

 

 

Square Metres

~68.11 m²

Value Estimate

£46,248

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£12,500

Stamp Duty & Legal Fees

£2,700

Total Cash In

£15,200

 

 

Cash Out

 

Rent Range

£440 - £1,000

Rent Estimate

£599

Running Costs/mo

£296

Cashflow/mo

£303

Cashflow/yr

£3,635

ROI

24%

Gross Yield

14%

Local Sold Prices

50 sold prices from £27.5K to £485K, average is £81K.

PriceDateDistanceAddressBeds 
£80K08/240.01 mi13b, Anderson Crescent, Ayr KA7 3RL2
£82K11/210.1 mi36a, Burnbank Road, Ayr KA7 3QN2
£172.3K08/240.21 mi36b, Maybole Road, Ayr KA7 4SF2
£142.5K03/210.21 mi36e, Maybole Road, Ayr, Ayrshire KA7 4SF2
£172.5K08/210.54 mi2a, St. Leonards Wynd, Ayr, Ayrshire KA7 2PA2
£132.5K07/210.54 mi10d, St. Leonards Wynd, Ayr KA7 2PA2
£100.3K05/210.62 mi53b, Castlehill Road, Ayr, Ayrshire KA7 2JB2
£85K05/240.72 mi22, Carrick Gardens, Ayr, Ayrshire KA7 2RT2
£98K10/210.72 mi24, Carrick Gardens, Ayr, Ayrshire KA7 2RT2
£125K04/210.72 mi8, Carrick Gardens, Ayr KA7 2RT2
£130K01/210.98 mi1, Holmston Gardens, Ayr KA7 3AS2
£151K08/211 mi5, Bellevue Road, Ayr, Ayrshire KA7 2SA2
£135K01/211.01 mi9 A, Millbrae Court, Ayr KA7 3GT2
£485K04/241.04 mi34, Racecourse Road, Ayr, Ayrshire KA7 2UY2
£120K01/211.04 mi21 Gartferry Court, Racecourse Road, Ayr KA7 2UY2
£241.5K08/211.07 mi18, Bellevue Crescent, Ayr KA7 2DR2
£65K05/211.1 miFlat 33, Kyle Court, Smith Street, Ayr KA7 3AW2
£72.5K05/211.1 miFlat 39, Kyle Court, Smith Street, Ayr KA7 3AW2
£83K01/211.15 mi74c, Kyle Street, Ayr KA7 1RZ2
£85K10/211.18 mi72a, Kyle Street, Ayr, Ayrshire KA7 1RZ2
£82.5K08/241.18 mi74b, Kyle Street, Ayr KA7 1RZ2
£180.1K04/241.25 mi9, North Doon Place, Ayr, Ayrshire KA7 4DH2
£295K02/241.26 mi99, Fairfield Park, Ayr, Ayrshire KA7 2AU2
£77.5K10/211.41 mi10, Strathayr Place, Ayr, Ayrshire KA8 0AY2
£98K08/211.41 mi82, Strathayr Place, Ayr KA8 0AY2
£78K06/211.42 mi76, John Street, Ayr KA8 0BS2
£30K04/211.42 mi6, Davidson Place, Ayr, Ayrshire KA8 0DE2
£47K06/211.42 mi20, Davidson Place, Ayr, Ayrshire KA8 0DE2
£34.9K02/241.42 mi33, Macadam Place, Ayr, Ayrshire KA8 0BZ2
£39K05/211.45 mi19, Church Court, Ayr, Ayrshire KA8 0DB2
£44K07/211.45 mi20, Church Court, Ayr KA8 0DB2
£35K03/211.45 mi28, Church Court, Ayr KA8 0DB2
£39K05/211.45 mi48, Church Court, Ayr KA8 0DB2
£32.5K09/211.46 mi41, James Street, Ayr KA8 0DL2
£52.5K02/241.47 mi66, Sandgate, Ayr, Ayrshire KA7 1BX2
£27.5K04/241.49 mi11d, Victoria Street, Ayr, Ayrshire KA8 0DN2
£140K08/241.5 mi52c, Fort Street, Ayr KA7 1DE2
£88K04/211.5 mi3b, Cassillis Street, Ayr, Ayrshire KA7 1DN2
£90.8K01/211.55 mi13c, Cathcart Street, Ayr KA7 1BJ2
£38K02/211.56 mi61, George Street, Ayr KA8 0AH2
£75.5K02/241.64 mi28b, Main Street, Ayr, Ayrshire KA8 8EB2
£45K08/211.65 mi15b, Limonds Wynd, Ayr KA8 0AB2
£73.5K01/211.66 mi5a, Garden Court, Ayr KA8 0AT2
£70K08/211.66 mi5d, Garden Court, Ayr KA8 0AT2
£55K05/241.68 mi3d, Philip Square, Ayr, Ayrshire KA8 8EL2
£30K02/211.68 mi19e, Philip Square, Ayr KA8 8EL2
£95K07/211.69 mi30, Seaforth Road, Ayr, Ayrshire KA8 9BU2
£40K07/211.72 mi184, Russell Drive, Ayr KA8 8JS2
£27.5K12/211.72 mi85, Russell Drive, Ayr KA8 8JL2
£42.5K02/211.72 mi159, Russell Drive, Ayr KA8 8JL2

Local Rents

16 rents from £440/mo to £1K/mo, average is £698/mo.

RentDateDistanceAddressBeds 
£62504/240.01 miAnderson Crescent, Ayr, Ayrshire, KA72
£62510/230.02 mi-2
£67509/240.02 mi-2
£59504/240.1 mi20C Burnbank Road, Ayr, KA7 3QN2
£70005/240.1 miAnnfield Glen Road, Ayr, Ayrshire, KA72
£69504/240.26 miSt. Leonards Road, Ayr, Ayrshire, KA72
£75005/240.26 mi48 Glendale Crescent, Ayr, KA7 3SB2
£74005/240.31 miBurnbank Road, Ayr, Ayrshire, KA72
£70004/240.35 mi-2
£60012/230.37 mi-2
£75004/240.41 miEllisland Square, Ayr, KA72
£1,00001/250.46 mi-2
£89504/240.54 miSt. Leonards Wynd, Ayr, Ayrshire, KA72
£80002/240.56 mi-2
£44010/230.56 mi-2
£45703/250.57 mi-2

Local Area Statistics

Population in Ayr

66,386

Town centre distance

0.07 miles away

Nearest school

0.10 miles away

Nearest train station

1.07 miles away

 

 

Rental growth (12m)

-19%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £50,000

October 1, 2024

Floor Plans

Description

  • First Floor Flat +
  • Spectacular Views +
  • 2 Double Bedrooms +
  • Sought after location +
  • Double Glazing +
  • Central Heating +

INVESTMENT OPPORTUNITY 2 bedroom first floor flat located in the popular residential area of Belmont within close proximity to both Primary, Secondary Schools and local amenities. The flat offers a spacious layout with generous proportions, on street parking and panoramic views across to Greenan Castle and Heads of Ayr.  The property comprises: Hallway with access to a modern 3 piece bathroom, comprising of wc, whb and bath with electric shower over, two double bedrooms, spacious front facing lounge with open fireplace, leading into a fitted kitchen with ample wall and base units and worktop space. Gas central heating and double glazing is fitted throughout. The property has a sitting tenant and is an ideal investment opportunity for an investor producing an income from day one. Living Room - 4.8 x 3.8m
Kitchen - 3.4 x 2.3m
Bathroom - 2.4 x 1.6m
Bedroom 1 - 3.7 x 3.5m
Bedroom 2 - 3.4 x 3.1m

Agent Details

Belmont Property, Ayr

01292 431551

Next Steps?

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