1-bedroom flat · KA22 8HX
Listing removedListed 261 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Jas Campbell & Co Estate Agency Hub are proudly marketing, this beautifully presented large first-floor flat, forming part of a traditional stone building in the heart of Ardrossan making it a highly attractive home or investment opportunity.
This seaside property would be an ideal purchase for first-time buyers or those looking to downsize.
The flat has been fully refurbished at the beginning of 2023, with new windows, a modern fitted kitchen, a contemporary bathroom, new gas boiler and flooring installed throughout, allowing a purchaser to move in with confidence into hassle free living.
The property enjoys a highly convenient location with easy access to a wide range of local amenities, including Asda supermarket, independent shops, cafes, restaurants, and excellent transport links by bus, train, and ferry, making commuting straightforward.
The beach and marina are both within a short walk, offering an attractive coastal lifestyle.
Access is via a secure door entry system with the close recently redecorated to a high standard and retaining an original ornate wrought-iron staircase leading to the flat - The Entrance Hallway is bright and well proportioned, providing ample space for coats and footwear.
The hall benefits from having a large storage area within the suspended ceiling - Front facing Double Bedroom with fitted wardrobes - Rear facing modern Shower Room with two-piece bathroom suite and separate shower cubicle - Spacious Lounge with two windows flooding the room with natural light, offering flexibility for both home working and relaxation - The large Dining Kitchen overlooks the rear garden and is fitted with wall and floor units, integrated appliances including washer/dryer and fridge freezer, along with an electric oven and hob.
This well-presented property offers excellent quality of internal living with generous storage, as well as a substantial external shed located within the communal grounds.
Internal Viewing Essential Entrance Hallway 6.0m x 1.2m Double Bedroom 4.0m x 4.4m Shower Room 2.4m x 2.6m Lounge 5.3m x 4.0m Dining Kitchen 4.2m x 3.5m
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 1b Hill Place, Ardrossan, KA22 8HX
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