Summary - Warrix Avenue, Irvine, KA12 KA12 0DP
2 bed 1 bath Flat
Immediate rental income from a long-term tenant in a compact, low-cost flat.
Freehold 2-bedroom first-floor flat, approx 732 sq ft
A compact, well-presented two-bedroom first-floor flat offered freehold and ideal for investors seeking immediate rental income. The property extends to about 732 sq ft and sits in a mid-20th-century brick block with communal front and rear gardens. The flat is in modern condition internally and benefits from good natural light, fast broadband and very low council tax.
The property is offered with a reliable long-term tenant in situ paying £475 pcm, providing income from day one. That tenancy offers continuity of return for a landlord but will limit options for vacant possession or immediate owner-occupation without agreement from the tenant.
Buyers should note the location is in a very deprived area and is classified locally as ‘hard-pressed flat dwellers’ within a challenged wider area — this affects local amenities and demand dynamics and may influence future capital growth. The building is mid-century and externally appears well-kept, but purchasers will want to budget for ongoing communal maintenance typical of older blocks.
At £50,000, this flat represents a low-entry investment with an existing rental stream and basic running costs. It will suit buy-to-let investors seeking straightforward, income-producing stock in Irvine, or buyers prepared to manage tenancy and neighbourhood considerations.
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