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
£28,000

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 tenanted with a settled long-term tenant who has an excellent payment history, paying £399 per month, which provides a potential yield of over 15%. The rent is significantly lower than the local competitive rate of £550 per month, making it an attractive investment opportunity for landlords and investors. The property is situated in a popular rental location, close to local primary and secondary schools, and has easy access to major amenities. The seller is willing to consider pre-auction offers, making this an exciting opportunity for those looking for a generous return on a low-cost investment.