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Top Floor Flat, Brewland Street... 1 bed flat for sale
Top Floor Flat, Brewland Street, Galston, East Ayrshire, KA4 8AQ
£15,000
Top Floor Flat, Brewland Street, Galston, East Ayrshire, KA4 8AQ
£15,000
Our Summary
- This would be an ideal renovation project with a realistic potential rental income of £500pcm
- The property will require a degree of refurbishment in the bedroom area
- This lot will be sold under auction terms and conditions by Braveheart Auctions
- Low cost investment opportunity offering potentially excellent yieldRealistic potential rental of up to £500 per month (£6,000 per year)Excellent location close to transport links and amenitiesBRRR opportunityPotential to add value and generate significant incomeBid now
- Low cost investment opportunity offering potentially excellent yield
- Potential to add value and generate significant income
Description
This charming one-bedroom flat in Galston, Scotland, is a potential goldmine for investors or those looking to flip properties. The flat, located in a traditional building on Brewland Street, needs some TLC, particularly in the bedroom area, but has a lot of potential. With a realistic potential rental income of £500 per month, that's £6,000 per year, and a yield of around 25% following completion of works, this property is an excellent opportunity for a BRRR (buy, renovate, rent, and repeat) project. The flat has a spacious lounge with large windows, a well-equipped kitchen, and a bathroom, and benefits from secure entry, double glazing, and access to shared garden areas. On-street parking is also readily available. Galston is a popular commuter town with good transport links to Kilmarnock, Glasgow, and Glasgow Prestwick Airport, making it an attractive location for renters. With a low initial outlay and the potential for significant returns, this property is an excellent investment opportunity.