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Portfolio of three two-bedroom flats

Campbeltown, PA28 - Get Access

2 bed 1 bath

Description

This portfolio of three two-bedroom flats is located within a prime location in Campbeltown. Each unit comprises a welcoming hallway, a well-equipped kitchen, a comfortable living room, two spacious bedrooms, and a modern WC. For rental purposes, the property could achieve a rental income of £500 PCM - £550 PCM per unit, equating to £6,000 - £6,600 per annum, translating to an exceptional gross yield of 9.2% - 10.1% for all three units combined based on a competitive guide price. This high-yield opportunity is sure to appeal to shrewd investors seeking a rare project in an excellent location, combined with significant capital growth potential. The property is offered at a fantastic discount, ensuring a quick and straightforward purchase. Excellent sales evidence in the area includes Flat 1, Strathaird Place, Kirk Street, Campbeltown, which sold for £58,000 in May 2022, and 11, Castleacres, Campbeltown, which sold for £50,500 in Sep 2024. Campbeltown, a picturesque town located on the Kintyre Peninsula, offers a rich cultural heritage, stunning landscapes, and a welcoming community. Known for its whisky distilleries, scenic harbour, and historical attractions, Campbeltown is an excellent place for both living and investment opportunities.