Summary - 28, KYLE STREET KA7 1RZ
1 bed 1 bath Flat
Immediate rental income in central Ayr for buy-to-let investors.
Tenanted at £370 pcm producing immediate rental income
Ayr town-centre one-bedroom flat offered with a sitting tenant and immediate rental income — a straightforward addition to a buy-to-let portfolio. The property is offered freehold and will be sold at auction as part of a portfolio, so completion times and sale conditions follow auction procedures.
The flat currently produces £370 pcm (£4,440 pa). Using the stated guide price of £35,000 this equates to a quoted gross yield of 12.69%; at a lower purchase price the yield would be higher. The layout comprises an entrance hallway, livingroom/kitchen, one double bedroom and a WC, and the property benefits from ample storage and town-centre convenience.
Location strengths include close proximity to local amenities, shops and transport links, plus easy motorway access and nearby schools and sports facilities. Practical caveats: the building is a mixed-use Georgian property that shows signs of being a period fixer-upper and may require maintenance or updating; broadband speeds are reported as slow and the wider area is classified as very deprived. The lot is sold with a tenant in situ and as part of an auction portfolio — buyers should check tenancy terms and auction conditions prior to bidding.
This is aimed at investors seeking immediate cashflow and high headline yield rather than an owner-occupier seeking a turn-key modern home. The price and tenancy create an opportunity for a landlord prepared to manage a city-centre, period flat and to address any cosmetic or connectivity upgrades.
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