Summary - 24, PLADDA AVENUE, IRVINE, BROOMLANDS KA11 1DR
2 bed 1 bath Flat
Low-priced auction project with clear rental potential after refurbishment.
Top-floor two-bedroom flat with lounge, kitchen and shower room
A top-floor two-bedroom flat in Broomlands, Irvine, offered for sale at auction with significant added-value potential. The property is freehold, with gas supply, double glazing and an EPC rating of C; broadband and mobile signal are strong which supports rental use or remote working. Post-renovation rental is estimated at about £5,685 per year (LHA), making this attractive to investors or buyers seeking a low-entry project.
The flat requires a full programme of refurbishment: internal works, decoration and repairs are needed and communal areas appear dated. These works are reflected in the low guide price of £23,000 and create scope for value uplift but will require time, budget and project management. Buyers should allow for restoration costs and confirm services and structure through survey.
Selling at auction means swift completion timelines and a buyer’s premium applies (check auction terms). The location is a popular North Ayrshire coastal town with good road, rail and bus links, easy access to Eglinton Country Park and Irvine beach. Note the local area shows high deprivation indicators; prospective purchasers should consider this when assessing future tenant demand and resale prospects.
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