First Floor Flat, Tenanted... 2 bed flat for sale

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First Floor Flat, Tenanted... 2 bed flat for sale

First Floor Flat, Tenanted Investment, 43 West Main Street, Darvel, East Ayrshire, KA17 0EB
£27,000

Our Summary

  • The property will be sold under auction terms and conditions by Braveheart Auctions
  • The seller has indicated that pre-auction offers will be considered for this lot

Description

This income-producing investment property is a two-bedroom, first-floor flat located in the popular commuter town of Darvel, offering excellent access to Kilmarnock, Glasgow, Ayr, and Prestwick Airport. The property is currently tenanted, with a settled long-term tenant paying £399 per month, providing a potential yield in excess of 15%. The rent is significantly lower than the local competitive rate of £550 per month for a similar property, making it an attractive investment opportunity for landlords and investors. With its proximity to local schools, amenities, and major transportation links, this property is well-suited for those looking for a low-cost, high-return investment. The property will be sold under auction terms and conditions, with pre-auction offers being considered.