Low-cost investment with rental potential in Ardrossan, sold at auction.
Guide price £25,000 — auction sale, timed online
A compact one-bedroom flat in central Ardrossan offered at auction with an attractive guide price of £25,000. Located in a Georgian terraced building, the property offers straightforward buy-to-let potential in a coastal town with steady rental demand and good transport links to Glasgow.
Internally the layout includes a generous lounge, fitted kitchen, double bedroom and bathroom. The flat is a clear refurbishment project — internal upgrading is required and no home report is provided due to its condition — but the potential gross rental income is estimated at around £350 pcm (£4,200 pa), which supports lettings to local demand.
This lot will suit investors prepared to carry remedial works and short-term voids in exchange for entry at a low capital outlay. The location benefits from beaches, regular ferry access to Arran, local shops and rail/bus links, though the wider area is classified as very deprived which should be factored into long-term income and management assumptions.
Buyers should note this is an auction sale (timed online) so purchase timescales and terms differ from private treaty. Surveying and budgeting for refurbishment, compliance and any communal maintenance is recommended before bidding.