Top Floor Flat, Brewland Street... 1 bed flat for sale

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Top Floor Flat, Brewland Street... 1 bed flat for sale

Top Floor Flat, Brewland Street, Galston, East Ayrshire, KA4 8AQ
£18,000

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 is a potentially high-yielding investment opportunity with a low initial outlay. The property requires some renovation, particularly in the bedroom area, but offers a realistic potential rental income of £500 per month, representing a yield of around 25% following completion of works. The flat is situated in a traditional building on Brewland Street, close to local shops, cafes, and transport links, making it an ideal BRRR (buy, renovate, rent, and repeat) opportunity. With a degree of refurbishment required, this property offers a low-cost investment chance to add value and generate significant income. The flat also features a spacious lounge area, well-equipped kitchen, and bathroom, as well as secure entry, double glazing, and access to shared garden areas. With on-street parking available and excellent transport links to Glasgow and Kilmarnock, this property is a great opportunity for investors and property flippers alike.