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
£61,000

Our Summary

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

Description

This is a lucrative investment property located in a high-demand rental area, offering an impressive rental income of £1,800 per month (£21,600 per year). The property, which measures 85 sqm, comprises three large double bedrooms, a spacious lounge, modern kitchen, and well-maintained bathroom. It is currently rented out to three long-term lodgers, generating a strong net income of £1,800 per month, with the landlord paying for utilities and clearing approximately £1,600 per month. The property is well-presented and well-maintained, with a low Council Tax band of B. The seller has a waiting list of tenants and has spent over £3,000 on furniture. This is an ideal opportunity for serious investors looking for a hands-off investment with a massive return on investment.