KA20 4BA - 1 bedroom flat for sale in 17 McGregor Avenue, Stevenston,…

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1 bedroom flat for sale in 17 McGregor Avenue, Stevenston, KA20 4BA, KA20

Summary - 17, MCGREGOR AVENUE, STEVENSTON KA20 4BA

1 bed 1 bath Flat

Tenanted auction flat with strong current yield and short-term rental upside..
- Tenanted one-bedroom flat producing £425 pcm (£5,100pa)
- Gross yield circa 14.2% at £36,000 guide price
- Potential rent uplift to £475–£550 pcm
- Freehold; sold at auction, immediate income stream
- Small overall size ~325 sq ft, compact layout
- Visible maintenance and curb appeal issues; needs updating
- Located in a very deprived area; higher management risk
- Excellent mobile signal and fast broadband speeds
A compact, high-yield one-bedroom flat in Stevenston offered for auction as a tenanted investment. Currently let at £425 pcm (annual £5,100) this freehold flat produces a gross yield of 14.2% if the guide is £36,000; recent nearby sales show investor demand in the street. There is immediate rental upside — agents estimate market rent of £475–£550 pcm, which would raise gross income to £5,700–£6,600.

The property is small (circa 325 sq ft) and located in a very deprived area with challenged local demographics; this brings both strong lettability and heightened management risk. The exterior and interiors show typical mid-20th-century wear: pebble-dash façade, worn carpets, and general maintenance/curb appeal issues. Measurements: lounge 4.20 x 4.20m, kitchen 2.90 x 2.90m, bedroom 3.80 x 3.30m, shower room 1.80 x 1.40m.

Sold at auction and offered tenanted, this lot suits buy-to-let investors seeking an immediate, cash-producing purchase with scope for modest refurbishment and rent uplift. Note the material considerations: small living area, visible maintenance needs, and local area deprivation which may affect resale timing and tenant churn. Mobile signal and broadband are strong, and the flat is close to supermarkets, retail park and transport links, supporting tenant demand.

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