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1 bed Flat For Sale £25,000
131, Main Street, Auchinleck, Ayrshire KA182Af KA18


Description
** sale by auction - 12 January 2023 - Timed Online Auction **

Good sized 1 bedroom flat located in popular residential location within the popular East Ayrshire village of Auchinleck. Sold with tenant in place- current rental of £249pcm (£2,988 per annum). Currently let to settled tenant paying £249pcm (£2,988 per annum). Extremely low rent for the area with potential rental of over £5,000 per year based the Local Authority allowance of £97.81 per week. Potentially extremely high yielding investment based on local authority rate with yield of over 10% with current tenant in place. Popular rental location with high tenant demand. Low-priced investment property in popular Ayrshire location close to amenities. Capital growth potential and excellent yield. Perfect buy-to-let investment. Super addition to portfolio. Auchinleck is approximately 15 minutes from Kilmarnock, 25 minutes from Irvine, 25 minutes from Ayr and 40 minutes from Glasgow City Centre via the A76 and M77 road network. Popular rental location

The village of Auchinleck offers a range of amenities including supermarket shopping and primary schooling. Secondary schooling is available in the neighbouring town of Cumnock. For the commuter, the A76 leads onto the A77 which then gives access to Glasgow and the central belt, while Auchinleck train station offers a regular service to the north and south. Auchinleck is a popular East Ayrshire town within commuting distance of Ayr and Kilmarnock. There are local shops and businesses close by, offering village style amenities. The nearest good sized town town is Cumnock. Glasgow is approximately 45 minutes drive away, with access to the M77 within 15 minutes. Cumnock itself boasts a range of amenities including a shopping mall, large supermarket and primary and secondary schooling. This property is ideally suited for first time buyer and/or buy-to-let investors.

Auction Details
12 January 2023,10am-3pm
Timed Online Auction

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