Auction lot: low-cost 1-bed flat with rental income and refurbishment upside.
- Top-floor 1-bedroom flat with loft access and high ceilings
- Current portfolio rent evidence: circa £400–£500 pcm
- Sold at auction; guide price £25,000
- Building shows wear; communal staircase with damp and repair need
- Ground-floor commercial frontage and parts require renovation
- Tenure unknown — legal/title checks essential before bidding
- Excellent mobile signal and fast broadband
- Located in a very deprived area; expect management challenges
A top-floor one-bedroom flat in a Victorian mixed-use building, offered as part of a small portfolio and sold at auction for investor buyers. The flat benefits from high ceilings, large windows and plentiful natural light; loft access provides extra storage potential. Current rental evidence from the portfolio suggests achievable rents around £400–£500 pcm, making this a low-entry buy-to-let opportunity at the guide price of £25,000.
The property sits in Dalry, a town with rail and bus links to Glasgow and local amenities including shops, schools and healthcare. Broadband and mobile signal are strong, supporting modern tenants. The town’s transport improvements increase lettings appeal for commuters to Glasgow and nearby Ayrshire towns.
Material considerations: the building shows signs of wear and some damp in communal areas; the ground-floor commercial frontage and parts of the fabric require renovation. Tenure is unknown and the flat will be sold at auction — purchasers should allow for legal and refurbishment costs, and carry out full surveys and title checks before bidding. Given the area’s high deprivation index, investors should budget for longer voids and active management.
This lot is best suited to investors or portfolio buyers seeking a low-cost entry with refurbishment upside and clear rental potential. The combination of strong connectivity, existing lets in the block and loft/storage potential offers straightforward repositioning for steady rental income after necessary works.
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