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Guide price
£29,000

3 bedroom flat for sale

Bridge Lane, Catrine KA5
Auction
Flat
3 beds
678
EPC rating: D
Added > 14 days

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Features and description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • AUCTION DATE: 11 December 2025
Three Bedroom traditional first floor flat within the centre of Catrine in Ayrshire. Currently tenanted at £325 per month - Rent paid direct to landlord from East Ayrshire Council. House prices in Bridge Lane have an overall average of £50,500 over the last year. Overall, the historical sold prices in Bridge Lane over the last year were 69% down on the 2013 peak of £164,000. Buy-to-Let Opportunity Close Proximity to Valuable Amenities The property currently produces an annual gross income of £3,900 which could be increased by the new owner to a market rate of £4,800 (£400 per month). Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio. The current tenant has lived in the property for several years and has consistently paid their rent (direct from local housing authority direct to landlord) for the duration of their stay. This property is being sold in its present condition and no warranty will be given to any purchaser with regard to the existence or condition of the services or any heating or other system within the property. Any intending purchasers will require to accept the position as it exists since no testing of any services or systems can be allowed. No moveable items will be included in the sale. The village of Catrine offers a range of amenities including general stores, nursery and primary schooling. Secondary schooling is available at the multi educational centre of Barony Campus at Cumnock whilst rail links are located in the neighbouring village of Auchinleck.

Auction Details
11 December 2025, 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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