Low‑entry buy‑to‑let with rental upside close to the station.
Vacant 1-bedroom flat in Victorian terrace; freehold tenure
Guide price £20,000 — sold at timed online auction
Potential rent £425–£475 pcm; strong yield possibility
Exterior dated and roof requires repair; refurbishment likely needed
Located close to train station and local amenities
Area classified as very deprived — consider long-term growth risk
Fast broadband and excellent mobile signal; council tax low
No flood risk; sold vacant for immediate occupation or letting
This vacant one-bedroom flat occupies a first-floor position within a Victorian terrace on Main Street, Auchinleck. The accommodation includes an entrance hallway, living room, kitchen, modern bathroom and a double bedroom, with useful storage throughout. The exterior is dated and the roof needs work; some internal redecoration or refurbishment is likely required.
Offered at a guide price of £20,000 and due to be sold at auction, the property presents clear opportunity for buy‑to‑let investors or cash buyers prepared to act quickly. Local sales evidence in the same street has recently ranged £35,000–£40,000; a conservative rental estimate is £425–£475pcm, producing strong yield potential if refurbishment costs are controlled.
Practical positives include freehold tenure, fast broadband and excellent mobile signal. The flat sits close to the train station and local amenities, but note the wider area is classified as very deprived, which may affect long‑term capital growth and tenant profiles.
This lot suits an investor seeking a low‑entry purchase with upside from refurbishment and rental income. Buyers should factor immediate maintenance (roof/external work) and the auction sale process into their budget and timescales.
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