1 Burnbank Street

Ref: Lot 21

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Town & Country Property Auctions Scotland
Town & Country Property Auctions Scotland

Description

Town & Country Property Auctions are delighted to present this Large TWO bedroom second floor flat located in the popular tourist town of Campbeltown on the Mull of Kintyre.

Home Report Valuation £25,000

EPC - D

IDEAL INVESTMENT with great yield potential in TOWN CENTRE LOCATION.

The town is popular with tourists and has recently enjoyed a resurgence in popularity due to investment into local leisure facilities, the revival of whisky production and the support of the major wind power industry that has established itself on the peninsula.

Perfect short term Holiday let/ AIR BNB potentially would generate circa £35 per night. £12-13,000 pa. FANTASTIC YIELD OPPORTUNITY.

Local Sales Evidence; 44 1/2, Main Street, Campbeltown, PA28 6AD previously SOLD for £55,000 in Oct 2022* 8d, Barochan Place, Campbeltown,PA28 6AX recently SOLD for £58,000 in April 2023*

Buyers Premium

Buyers Premium £4,000 + VAT


* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.

We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.

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