Auction-listed flat with strong rental potential in a convenient town location.
RICS Home Report valuation £45,000 (Aug 2025)
Potential rental ~£500 pcm (stated)
Listed price £17,000 — sold at timed online auction
Requires internal refurbishment/TLC before lettings
Double glazing and maintained communal grounds to rear
Rear access via communal close; first-floor flat
Tenure unknown — buyer to verify legal/title details
Located near town centre, shops, bus links and rail station
This first-floor one-bedroom flat on Mains Road is presented as a clear investment opportunity with strong rental potential. A recent RICS Home Report (Aug 2025) values the property at £45,000; the vendor price listed is £17,000 and the lot will be sold at a timed online auction on 09 October 2025. The property is currently let-ready in layout but requires cosmetic work internally.
The flat offers an open-plan living area with kitchen, a double bedroom and a modern fitted bathroom. It benefits from double glazing and well‑kept communal grounds to the rear, with rear access into the communal close. Location strengths include proximity to Beith town centre, supermarkets, bus links and Glengarnock rail station (approx 1.4–1.7 miles).
Investor buyers should note material considerations: tenure is unknown, the flat needs TLC and renovation, and the wider area is classified as very deprived with challenged-transition demographics. The property’s strong projected rent (£500 pcm) and low purchase price create potential for a high gross yield once works and tenure are clarified. Auction purchase will require readiness to complete quickly and factor in renovation and any legal/title costs.