Summary - 9, CASTLE STREET, MAYBOLE KA19 7DD
1 bed 1 bath Flat
Turnkey buy-to-let with strong gross yield and immediate income potential.
Tenanted at £425 pcm generating £5,100 pa gross income
Potential to increase rent to ~£475 pcm (£5,700 pa)
Guide price implies a circa 20%–23% gross yield
Sold at timed online auction — immediate offers invited
Freehold ground-floor flat in Victorian stone building
Basic interior condition; likely needs only cosmetic updating
Located in a very deprived area — higher tenant demand risk
Good broadband and excellent mobile signal; no flood risk
A one-bedroom ground-floor flat in central Maybole offered for auction with an existing tenancy in place. Currently producing £425 pcm (£5,100 pa), the property represents a high-yielding, turnkey buy-to-let with scope to increase rent to around £475 pcm. Recent nearby sales in Castle Street suggest local demand and potential for capital growth.
The flat occupies a Victorian stone building on a quiet street close to shops, transport links and local services. Accommodation comprises entrance hall, living room with period fireplace and high ceiling, double bedroom, kitchen and bathroom. Interiors are basic and functional — suitable for continued rental use but offering sensible scope for modest cosmetic improvement to boost appeal and rent.
Important practical points: the lot will be sold at auction, is freehold and located in an area classified as very deprived (outer city hardship / ageing urban communities). Broadband and mobile signal are good; there is no identified flood risk. The property is best suited to investors seeking a high gross yield and immediate rental income rather than an owner-occupier seeking a high-spec home.
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