Summary - 12C, PARK ROAD, ARDROSSAN KA22 8JR
1 bed 1 bath Flat
Auction-ready one-bed with refurbishment potential and strong rental yield prospects.
- One-bedroom freehold flat in central Ardrossan
A compact one-bedroom flat in Ardrossan offered for auction with clear investor appeal. The property is freehold and sits close to local amenities and the Ardrossan ferry terminal, making it attractive to tenants seeking convenient, coastal-town living.
The flat requires a degree of renovation prior to habitation; once refurbished it is estimated to achieve a rental of £375–£425 pcm (gross annual rent £4,500–£5,100). At the advertised guide price of £35,000 this equates to a projected gross yield in the low double digits, underlining short-term income potential and longer-term capital upside given recent nearby sales.
Buyers should budget for refurbishment costs and allow for works before letting. The wider area is classified as very deprived, which can support higher yields but may limit tenant quality and capital growth speed. The lot will be sold at auction and is offered under the ADS threshold, so purchasers need to allow for the auction timescale and settlement conditions.
This is best suited to investors or buy-to-let portfolios able to oversee renovation and let-ready preparation. The property’s positives — central location, strong mobile signal and fast broadband — support tenant demand once works are completed, but the investment requires hands-on management and realistic cost planning.
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