Summary - Mill Street, Ayr, KA7 KA7 1TH
1 bed 1 bath Apartment
**Standout Features:**
- 1-bedroom apartment in a historic Victorian building
- Rental income of £450 PCM with potential yield over 16%
- Quiet location in central Ayr, close to various amenities
- Excellent mobile signal and fast broadband speeds
- Nearby transportation with easy access to Ayr railway station
**Notable Concerns:**
- Located in an area classified as "very deprived"
- Major renovations or updates may be necessary based on property condition
This charming 1-bedroom apartment located on Mill Street in Ayr presents an exceptional investment opportunity for those looking to enter the rental market. Currently tenanted, this property guarantees immediate rental income of £450 per month, with the enticing potential for a yield exceeding 16%. Nestled in a quiet neighborhood, it boasts a Victorian-style exterior and is just a short stroll from a plethora of amenities, including supermarkets, shops, and leisure facilities—ideal for attracting tenants.
While this property is investment-ready, prospective buyers should consider the currently deprived area classification, which might impact future growth potential. With excellent mobile connectivity and fast broadband, the apartment is in a prime location for urban dwellers. The proximity to Ayr railway station and bus services further enhances its appeal, making it not just a home but a strategic investment in the heart of a thriving community. Don't miss out on this opportunity; properties like this don’t stay on the market for long!
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