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Description

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

Tenanted One Bedroom Flat located within the popular seaside town of Ayr. Secure Entry System and excellent central location on the banks of River Ayr. Freehold Residential Sale. Built circa 1900.

FIRST FLOOR FLAT - Hallway, living room, kitchen, double bedroom and bathroom. Start flay. Buy-to-Let opportunity. Located beside River Ayr and Turner's Bridge. Investment Property.

LOCAL SALES: 37 Flat 2, Mill Street, Ayr KA7 1TG sold for £68.000 (July 2007). 37 Mill Street, Flat 3, Ayr, South Ayrshire, KA7 1TG sold for £37,000 (December 2022). PRICE SET TO ENSURE SALE.

Rental income £450 per month (£5,400 per annum). EXCELLENT YIELD. Recognised Rental Area close to amenities, Riverside attractions and high street shopping amenities. Freehold Sale.

EXTREMELY POPULAR LOCATION within the affluent costal town of Ayr. Walking distance from Ayr Beach and all major amenities including supermarkets, schooling and shopping centre. PERFECT BUY TO LET.

Tenanted One Bedroom Flat located within the popular seaside town of Ayr. Secure Entry System and excellent central location on the banks of River Ayr. Freehold Residential Sale. LOW GUIDE TO ENSURE SALE --- LOCAL SALES: 37 Mill Street, Flat 6, Ayr, South Ayrshire, KA7 1TG sold for £90,000 (April 2007). Homebriar House, Barns Park, Flat 24, Ayr, KA7 2BA sold for £75,000 (April 2024). 2, Academy Street, Ayr, South Ayrshire, KA7 1HS sold for £48,225 (April 2024). FIRST FLOOR FLAT - Hallway, living room, kitchen, double bedroom and bathroom. Perfect for investment. Start flay. Buy-to-Let opportunity. Located beside River Ayr and Turner's Bridge. Rental income £450 per month (£5,400 per annum). EXCELLENT YIELD. Recognised Rental Area close to amenities, Riverside attractions and high street shopping amenities. The property is further enhanced by its own private close with secure entry, views of the river Ayr to the rear of the property and plentiful on street parking. All local amenities are within walking distance including Ayr town centre and seafront, local shops and supermarkets, University of The West of Scotland, local primary and secondary schooling plus excellent transportation links. For commuters, the A77/M77 road network is very easily accessed.

Ayr is a coastal market town with a residential population of circa 46,000 persons and is the principal commercial town in Ayrshire benefiting from excellent transport links. The beach front and town centre are within walking distance of the property. Nearby occupiers include The Wallace Tower, Boots the Chemist, Burger King, Mothercare and Iceland. Ayr is approximately 36 miles south west of Glasgow. With a resident population of 50,000. Ayr has a historic tradition as a market and tourist town with nearby attractions including Royal Troon Golf Course and Prestwick International Airport. Ayr is the foremost coastal town in south west Scotland and has superb sporting facilities including championship golf courses, sailing, game and sea fishing all within the immediate vicinity. Communications are excellent with electrified train service to Glasgow, airports at Prestwick and Glasgow and good road system for commuters. The main industrial belt is 30 miles distant. The surrounding rolling countryside of the Irvine Valley offers a network of country lanes, ideal for walking, cycling and hacking. The popular Burn Anne Walk is a pleasant 5 mile circuit adjacent to the property. There are many opportunities for field sports in the area and some of southwest Scotland's finest salmon and trout fishing is available in the area's lochs and rivers. Ayrshire is renowned for its numerous golf courses including the world famous Turnberry, Prestwick and Royal Troon.

Full Address: 37 Mill Street, Flat 2, Ayr, KA7 1TG

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Annual
Rent: £5,400 per year / £450 per month
Yield: 19% (approx)
Tenant: Private Individual
Notes: Rental income £450 per month (£5,400 per annum).

Document Downloads

Home Report (Available) Legal Pack (Available)

Pricing Information & Bidding

Guide Price: £36,500


What is a Guide Price... Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change prior to the auction.

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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: 24 October 2024, 3pm
Type: Deadline for Offers

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