Ready-made rental with tenant in place and attractive yield potential.
- Tenanted at £450 pcm, immediate income stream
- Realistic rent estimated at £500 pcm (£6,000pa)
- Auction sale: timed online, 27 November 2025
- Double glazing and gas central heating
- Large rooms and modern kitchen internally
- Possible roof issues and signs of damp externally
- Tenure unspecified; sold as seen at auction
- Area classified as very deprived; affects capital growth
A one-bedroom, ground-floor main-door apartment located in central Kilbirnie, offered at timed online auction on 27 November 2025. The property is currently tenanted at £450 pcm (short-term PRT agreement) providing immediate income; a realistic rent estimate is £500 pcm, giving strong yield potential against the guide price of £35,000. Its proximity to Glengarnock station (0.8 miles), local supermarket and town-centre amenities supports lettability.
The flat benefits from double glazing, gas central heating and a modern fitted kitchen. Rooms are described as large for the property type and communal areas are reported as well maintained, which reduces short-term management work. Broadband speeds and mobile signal are both good, useful for most tenants.
Buyers should note the building shows signs of age: external photos indicate Victorian terraced construction with possible roof issues and potential for damp. The property will be sold as seen at auction; tenure is unspecified and purchasers should verify title and any tenancy documentation before bidding. The wider area is classified as very deprived which can affect long‑term capital growth, though it helps rental demand in this location.
This is suited to residential landlords seeking an entry-level investment in a high-demand lettings area. Expect minimal immediate spend inside the flat but allow budget for external/structural enquiries and routine landlord compliance checks once purchased.
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