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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 1
  • Council Tax: Search

PRIME INVESTMENT PROPERTY* One bedroom tenanted flat in the heart of the Ayrshire village of Darvel sold with settled tenant in place paying £450 pcm (£5,400 per annum).

HIGH YIELDING INVESTMENT PROPERTY IN EXTREMELY POPULAR RENTAL LOCATION. Amenities include primary schooling and the local secondary school being only a few miles away in the village of Galston.

EXCELLENT INVESTMENT sold with settled tenant in place. Property generates immediate income of £450pcm (£5,400 per annum).

Local Sales Evidence; 14 Flat 2, Jamieson Road, Darvel, Ayrshire KA17 0AU recently SOLD for £45,000 in Feb 2024***

SUPER BUY TO LET LOCATION within 10 minutes of the major town of Kilmarnock. The historic village is located on the A71 trunk road offering excellent access to M77 and M74. Access to Glasgow- 40 mins.

PRIME INVESTMENT PROPERTY*** 1 bedroom tenanted flat in the heart of the Ayrshire village of Darvel sold with settled tenant in place paying £450 pcm (£5,400 per annum). HIGH YIELDING INVESTMENT PROPERTY IN EXTREMELY POPULAR RENTAL LOCATION. Amenities include primary schooling and the local secondary school being only a few miles away in the village of Galston. EXCELLENT INVESTMENT sold with settled tenant in place. Property generates immediate income of £450pcm (£5,400 per annum). Local Sales Evidence; 14 Flat 2, Jamieson Road, Darvel, Ayrshire KA17 0AU recently SOLD for £45,000 in Feb 2024*** SUPER BUY TO LET LOCATION within 10 minutes of the major town of Kilmarnock. The historic village is located on the A71 trunk road offering excellent access to M77 and M74. Access to Glasgow- 40 mins.

Darvel is located on the A71 which runs between Irvine and Edinburgh and is within easy commuting distance of Kilmarnock (10 miles), Ayr (21miles) and Glasgow (30 miles). Easy access to both the M77 and the M74 Motorways. Darvel is a popular residence for health professionals at Crosshouse Hospital. Also, the birthplace of Alexander Fleming it is located on the A71 which runs between Irvine and Edinburgh. There are excellent road links with Newmilns offering easy access to both the M77 and the M74 Motorway via Stonehouse and Strathaven. Close proximities to Co-op Food supermarket, Ladbrokes, Darvel Primary School, Newmilns Snow & Sports Complex and much more - Close to Ayr, Kilmarnock, Prestwick and Strathaven

Full Address: 77e West Main Street, Darvel, KA17 0EB

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Tenancy Details

Type of Agreement: Basic Lease
Length:
Rent: £5,400 per year / £450 per month
Yield: 19% (approx)
Tenant: Private Individual
Notes: £450 pcm

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Pricing Information & Bidding

Opening Bid: £28,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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SPECIAL Terms of Sale

  • 10% Deposit
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

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Auction Details

Date & Time: 12 December 2024, 10am-3pm
Type: Timed Online Auction

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