Summary - 9, MAINS ROAD, BEITH KA15 2AF
2 bed 1 bath Ground Flat
Auction lot with tenant, high gross yield potential for hands-on investors.
Long-term tenant since November 2020, £375pcm (£4,500pa)
A ground-floor, two-bedroom flat in a Victorian terrace offered for sale at timed online auction. The property is a long‑term tenanted investment producing £375pcm (£4,500pa) with the tenant in occupation since November 2020. A recent RICS Home Report valuation (Aug 2025) values the property at £50,000; the current auction guide price is £23,000 — presenting scope for a high gross yield for buyers prepared to take an investment risk.
The flat requires modernization and cosmetic updating consistent with its period shell; photos and description indicate traditional stone façade and internal rooms that need refurbishment and redecoration. Tenure is listed as unknown and the lot will be sold at auction, so purchasers should allow time for due diligence and check legal pack details before bidding. The area is described as very deprived and in a challenged classification, which affects local demand dynamics and resale prospects.
Location is practical for rental demand: easy walking access to Beith town centre amenities, bus links to Irvine, Paisley and Glasgow, nearby schools and community facilities, plus excellent mobile signal and fast broadband. This low-cost lot suits investors seeking an immediate income stream, a high prospective gross yield, and the option to renovate for capital growth — but it will appeal mainly to buyers comfortable with auction purchases, tenancy transfer, and area‑specific risks.
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