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No longer on the market

This property is no longer on the market

1 bedroom flat

Auction
Flat
1 bed
Added > 14 days

Key information

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Features and description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • AUCTION DATE: 18 April 2024
ENHANCED TERMS OFFERED ON THIS LOT...
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)

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

Auction Details
18 April 2024, 10am-3pm
Timed Online Auction

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Future Property Auctions - Glasgow
Future Property Auctions - Glasgow
241 Kilmarnock Road Shawlans, Glasgow G41 3JF
0141 433 6645
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We are Scotland's LARGEST dedicated residential and commercial Property Auctioneer. Our regular programme of large scale property auctions feature lots from throughout Scotland and the wider UK as well as regular properties available for purchase by Private Treaty and Tender. Our Auction calendar features both traditional and online property auctions covering the whole of the country. Each Auction offers a mix of Commercial and Residential property as well as land and other development opportunities. Properties are accepted from both Private and Corporate Vendors alike and we welcome enquires from all potential clients. Future Auctions LTD is a Limited Company registered in Scotland with Registration Number 358597. We are a fully indemnified professional limited company regulated by the Property Ombudsman. Our auctioneers are all members of the National Association of Auctioneers and Valuers thus ensuring our strict code of conduct and professionalism.
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