Summary - First Floor Flat, Tenanted Investment, 43 West Main Street, Darvel, East Ayrshire, KA17 0EB KA17 0EB
2 bed 1 bath Flat
Low-cost, income-producing Victorian flat with immediate yield and rental upside.
Tenanted freehold flat generating £399 pcm immediate income
Guide price £29,000 — low entry cost for investors
Current annual income £4,788; potential market rent ~£6,600 pa
Estimated headline yield in excess of 15% at guide price
Sold at auction; will be sold with tenant in situ
Victorian property — likely requires updating and refurbishment
Located near M77, Kilmarnock and local schools (commuter appeal)
Area classified as very deprived — consider local demand risks
This first-floor, two-bedroom flat in Darvel is offered as a tenanted, freehold investment with immediate income and low entry cost. The long-term tenant pays £399 pcm (£4,788 pa), providing an immediate revenue stream and a strong headline yield versus the guide price of £29,000. The property sits in a Victorian terrace in a commuter-friendly village with straightforward access to Kilmarnock, the M77 and nearby airports.
The building shows period character and is presented as an investment rather than a turnkey home. The current rent is below local market comparables (circa £550 pcm quoted), so there is clear potential to increase income either at tenancy turnover or after any permitted works. Broadband is average while mobile signal is excellent; the flat is close to local schools and basic amenities, which keeps demand from tenants steady.
Important considerations: the lot will be sold at auction and is offered with the tenant in place, so buyers should expect to buy subject to auction terms and the existing tenancy. The area is classified as very deprived, and the property may need refurbishment or updating typical of Victorian flats — budgeting for maintenance and possible upgrade work is prudent. Exact floor area isn’t provided and there is a single bathroom.
This is a straightforward, low-cost acquisition for an investor seeking immediate cashflow and scope to increase rent. Buyers who understand auction purchases and who can manage tenanted refurbishments will find the rental upside and high yield potential the main attractions.
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