Summary - 28 Loudoun Street, Mauchline, Ayrshire, KA5 KA5 5BT
2 bed 2 bath Maisonette
Auction-ready investment near Mauchline with strong rental yield potential.
Upper-floor Victorian maisonette with period exterior and high-ceiling hallway
Two bedrooms plus two small box rooms; one bedroom with en suite
Guide price £37,000; auction date 17th December
Estimated rental income ~£600 PCM (potential gross yield >12% at guide price)
Home Report valuation: £40,000
Requires refurbishment and modernisation throughout
Tenure unknown — legal/title checks required before purchase
Located in a very deprived area — may affect long-term capital growth
Set for auction on 17th December with a guide price of £37,000, this upper-floor Victorian maisonette in Mauchline presents a clear value proposition for investors and renovation-minded buyers. The flat offers two bedrooms (one en suite), two reception rooms, a kitchen, two additional small box rooms and a main bathroom. With an estimated rental income of £600 PCM, the property could deliver a gross yield above 12% if purchased at guide price.
The building retains period character externally and in the entrance hallway, with Victorian brickwork, high ceilings and stone flooring — features that can appeal to tenants or purchasers seeking character. Internal layout is unconventional and will require targeted refurbishment to modernise services, finishes and living spaces. Buyers should plan for renovation costs to bring the property up to contemporary rental or sale standards.
Practical considerations: tenure is currently unknown and the property will be sold at auction, so buyers must verify legal/title details and factor in auction purchase timelines and costs. The home report values the property at £40,000. The local area has excellent mobile and broadband connectivity but is within a very deprived area classification, which can affect long-term capital growth and tenant profiles.
This is a straightforward investment/refurbishment opportunity close to Mauchline’s amenities and primary school, and about 10 miles from Ayr. Suitable for investors seeking immediate rental returns or buyers prepared to refurbish a character property to add value.
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