Tenanted Investment, James Brown... 3 bed flat for sale

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Tenanted Investment, James Brown... 3 bed flat for sale

Tenanted Investment, James Brown Avenue, Ayr, South Ayrshire, KA8 9SE
£57,000

Our Summary

  • This lot will be sold under auction terms and conditions by Braveheart Auctions

Description

This dream investment property is a large 3-bedroom property located in a high-demand rental location, offering an outstanding rental yield. The property measures 85 sqm and features a main door entrance on the ground floor, with three large double bedrooms, a lounge, modern kitchen, and well-maintained bathroom. The property has been rented out to three individual lodgers, generating a strong net income of £1,800 per month, with each room let at £650, £600, and £550 per month. The landlord currently pays for utilities and clears approximately £1,600 per month, making this a hands-off investment opportunity. The property is well-presented and well-maintained, with over £3,000 spent on furniture, and is located close to the town centre, train station, and beach. The property is being sold with tenants in place, and the landlord has a waiting list of potential tenants, making it an excellent investment opportunity for serious investors.