Summary - Somerville Street, Catrine, Mauchline, Ayrshire, KA5 KA5 6QA
2 bed 1 bath Apartment
Low-price, renovation-first flat with strong projected rental yield for investors..
- Two-bedroom first-floor flat with private access
- Sold at auction, sold as seen; no internal viewings
- Needs renovation; small-to-medium rooms, post-war construction
- Guide price 5,000 with buyers fee ,250 + VAT
- Ex-council location in a very deprived area
- Projected rental around ,525 pcm (investor estimate)
- Excellent mobile signal and fast broadband
- No flood risk; reasonable road and bus links
A two-bedroom first-floor flat with private access and shared front garden, offered at a low guide price ideal for investors or hands-on buyers. The property is ex-council, requires full renovation and is sold at auction as seen with no internal viewings allowed. Buyers should note the buyers fee of ,250 + VAT and that tenure details are not provided.
Practical positives include excellent mobile signal, fast broadband and no flood risk. The flat sits within Mauchline with local amenities such as a community centre, bowling club and post office, and has reasonable road and bus links to Kilmarnock and Ayr. An investor projection suggests a rental estimate of ,525 pcm, implying a very high yield if those figures are achieved.
This is a clear renovation project: small-to-medium room sizes, standard ceiling heights and post-war construction mean straightforward refurbishment work rather than structural complexity. The location is in a very deprived, ex-council area, which will influence resale prospects and tenant demand; buyers should factor local market conditions into cost and timeline assumptions.
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