Long-term tenant in place; high-yield buy-to-let in Maybole..
Freehold one-bedroom flat, approximately 527 sq ft
A compact, freehold one-bedroom flat in Bryants Close presented as a clear buy-to-let opportunity. The property is let to long-term tenants producing a current gross income of £3,000 per year, giving an approximate gross yield of about 10.5% at the asking price. The flat sits in a 1960s ex-council block with standard ceiling heights, modest room sizes and a small shared front garden.
This is aimed squarely at investors and portfolio buyers. The tenant has occupied the property for several years and currently intends to remain, so the purchase will likely be as a let property rather than for immediate owner occupation. Broadband and mobile signal are reported as good, and there is on-street parking, making the flat straightforward to let in future.
Buyers should note material negatives plainly: the property is in an area assessed as very deprived and locally classified in challenging categories, which can affect tenant profile and resale prospects. A buyers premium applies to secure the sale, and the building’s 1960s construction and modest internal size (approximately 527 sq ft) mean buyers should budget for some modernisation or refurbishment to improve long-term rental value.
For investors seeking an affordable entry-level rental with an above-average gross yield, this flat offers immediate income and clear re-let potential. For buyers seeking family accommodation, larger space, or immediate vacant possession, this will not be suitable without further negotiation or works.
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