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One-bedroom ground floor flat in Largs

Largs, KA30 - Get Access

1 bed 1 bath

Description

Tenanted one-bedroom traditional sandstone tenement flat situated on a quiet street in the heart of the popular seaside town of Largs. Currently achieving a rental income of £475 PCM, this property, built circa 1900, offers an attractive investment opportunity. The accommodation comprises a hallway, a living room with an integrated kitchen, a bedroom, and a three-piece shower room suite. The property benefits from being within walking distance to local amenities and the beach. It is located in an established residential area with surrounding properties of a similar age and type. Local amenities, schooling, and transport links are readily available. The property is served by a mains gas supply with an externally located meter and benefits from a gas-fired central heating system. On-street parking is available. The property is situated near the Largs waterfront and promenade, making it an ideal buy-to-let or seasonal holiday home. It is conveniently located near the traditional pier and the Millport ferry terminal, with easy access to Glasgow and central Scotland. Largs itself is a popular seaside town with a range of amenities and recreational facilities, including sports centres and the Inverclyde National Sports Centre. It is a high-demand rental location due to its proximity to local amenities, tourist attractions, the town centre, and the ferry terminal. Similar properties in the area are let for approximately £70 per night as holiday lets. Local sales evidence indicates strong comparable values, with nearby properties on Seamore Street selling for between £57,500 and £92,000 between 2021 and 2022. The RICS Home Report values the property at £45,000. The property is equipped with a smoke alarm and a carbon monoxide detector. Ownership is Freehold. This is a Ground Floor Right property.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area Estimated: 500 sq ft

The property is a one-bedroom traditional sandstone tenement flat in Largs. Valuation was primarily based on comparable sales evidence from Seamore Street, Largs, with consideration given to the property's condition and location. The estimated floor area of 500 sq ft was used for analysis.

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