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Description

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

PRIME BUY-TO-LET INVESTMENT*** One Bedroom flat in popular rental location within the Ayrshire town of Darvel.

Monthly rental potential £350 pcm (£4,200 per annum). Low rent for area with potential rental of up to £425 pcm (£5,100 per annum).

Local Sales Evidence; 14/4, Armour Terrace, Darvel, Ayr KA17 0AP recently SOLD for £38,500 (March 2024).

EXTREMELY POPULAR RENTAL LOCATION ideal for commuters with easy access to Kilmarnock and Glasgow via the nearby M77.

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 BUY-TO-LET INVESTMENT*** Tenanted one Bedroom flat in popular rental location within the Ayrshire town of Darvel. EXCELLENT INVESTMENT sold with settled tenant in place. Property generates immediate income of £275pcm (£3,300 per annum). Low rent for area with potential rental of up to £425pcm (£5,100 per annum). Local Sales Evidence; 14/4, Armour Terrace, Darvel, Ayr KA17 0AP recently SOLD for £38,500 in March 2024*** EXTREMELY POPULAR RENTAL LOCATION ideal for commuters with easy access to Kilmarnock and Glasgow via the nearby M77. 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: 43 West Main Street, Flat 1-2, Darvel, KA17 0EB

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Tenancy Details

Type of Agreement: Basic Lease
Length:
Rent: £3,300 per year / £275 per month
Yield: 13% (approx)
Tenant: Private Individual
Notes: £275pcm

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Pricing Information & Bidding

Opening Bid: £25,000

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).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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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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