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Property features

One Bedroom Flat located in the popular seaside town within Ayr town centre. Rental agreement signed at £5,400 per annum giving over 25% yield at guide price. Fantastic investment opportunity.
Comprises - Entrance hallway, living room, kitchen, bedroom and bathroom. Good sized rooms and ample storage space. Ideal buy-to-let property with tenant in place paying £450 per month.
Excellent rental yield for property in popular area. Recognised Rental Area close to amenities, riverside attractions and high street shopping amenities. Freehold Residential Sale.
Ideally located close to train station, bus station, retail park and town centre. Walking distance from Ayr Beach and all major amenities including supermarkets, schooling and modern shopping centre.
Local Sales Evidence; 7h Philip Square, Ayr, Ayrshire, KA8 8EL sold for £50,000 (July 2021). 2a Kings Court, Ayr, Ayrshire, KA8 0AD sold for £48,000 (June 2021). Tenanted Ready Made Investment.

Property description

** sale by auction - 27 June 2024 - Timed Online Auction **

One Bedroom first fllor flat within Ayr Town Centre. Well place for travel links and University of West Scotland. First Floor Flat located just outside Ayr Town Centre with tenant in place paying £450 per month - £5,400 per annum. Tenancy commenced May 2024. Secured Entrance Hallway leads to a Large Front Facing Lounge with large windows and access to the kitchen (kitchen has white wall and base units and efficient workspace). Large double Bedroom and bathroom with 3-piece bathroom suite and overhead shower. There is a large walk in storage cupboard in the hallway. Overall, sold prices around KA8 8JL over the last year were 9% up on the previous year. Within walking distance to Ayr town centre and train station - 0.5 miles. Close to local amenities and transport links.

Ayr is a coastal market town with a residential population of circa 46,000 persons and is the principal commercial town in Ayrshire benefiting from excellent transport links. The beach front and town centre are within walking distance of the property. Ayr is approximately 36 miles south west of Glasgow. With a resident population of 50,000. Ayr has a historic tradition as a market and tourist town with nearby attractions including Royal Troon Golf Course and Prestwick International Airport. Ayr is the foremost coastal town in south west Scotland and has superb sporting facilities including championship golf courses, sailing, game and sea fishing all within the immediate vicinity. Communications are excellent with electrified train service to Glasgow, airports at Prestwick and Glasgow and good road system for commuters. The main industrial belt is 30 miles distant. The surrounding rolling countryside of the Irvine Valley offers a network of country lanes, ideal for walking, cycling and hacking. The popular Burn Anne Walk is a pleasant 5 mile circuit adjacent to the property. There are many opportunities for field sports in the area and some of southwest Scotland's finest salmon and trout fishing is available in the area's lochs and rivers. Ayrshire is renowned for its numerous golf courses including the world famous Turnberry, Prestwick and Royal Troon.

Auction Details
27 June 2024,10am-3pm
Timed Online Auction

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