Video Tour
Description
***AN EXCELLENT INVESTMENT/PROJECT OPPORTUNITY*** situated in Ochiltree, Ayrshire. This 2 Bed 1st floor flat spans a practical layout. Expected realistic rent of £6,000pa once refurbished FREEHOLD
***RICS HOME REPORT £49,000*** CROMPRISES:- entrance hall, living room, dining kitchen, 2 bedrooms & a bathroom. Further benifits from free parking space, Double Glazing & Electric Central Heating.
ATTRACTIVE ADDITION TO AN INCOME-FOCUSED PORFOLIO WITH HIGH YIELD POTENTIAL Realistic rent of up tto £6,000pa would give a SUPERB YIELD of upto 15% if the property is achieved fro the Guide Price.
*LOCAL SALES EVIDENCE* Flat 8, 2 Main Street, sold for £58,000 Oct 2025; Flat 1, 2, Main Street, Cumnock KA18 2PB £43000 Jul 2024; 17 Old School Wynd £93,000 May 2026; 40 Broom Cres £60,000 May 2026
Demand for affordable 2-bedroom rental accommodation in East Ayrshire remains steady, driven by local professionals, couples, and small families seeking functional housing near Cumnock.
***AN EXCELLENT INVESTMENT/PROJECT OPPORTUNITY*** situated in Ochiltree, Ayrshire. This 2 Bed 1st floor flat spans a practical layout. Expected realistic rent of upto£6,000pa once refurbished FREEHOLD, ***RICS QUALIFIED HOME REPORT VALUATION OF £49,000*** CROMPRISES:- entrance hall, living room, dining kitchen, two bedrooms and a bathroom. Further benifits from free private parking space, Double Glazing and Electric Panel Central Heating. ATTRACTIVE ADDITION TO AN INCOME-FOCUSED PORFOLIO WITH HIGH YIELD POTENTIAL Realistic rent of up tto £6,000pa would give a SUPERB YIELD of upto 15% if the property is achieved fro the Guide Price. Demand for affordable 2-bedroom rental accommodation in East Ayrshire remains steady, driven by local professionals, couples, and small families seeking functional housing near Cumnock. *LOCAL SALES EVIDENCE* Flat 8, 2 Main Street, sold for £58,000 Oct 2025; Flat 1, 2, Main Street, Cumnock KA18 2PB £43000 Jul 2024; 17 Old School Wynd £93,000 May 2026; 40 Broom Cres £60,000 May 2026
Maps & Location
Map Street View SatelliteSituated right in the heart of the quiet and historic village of Ochiltree in East Ayrshire. Proximity: Positioned just a short distance southwest of Cumnock, placing it within easy reach of a wider array of larger town amenities, secondary schooling, and retail facilities. Local AmenitiesVillage Conveniences: Ochiltree offers essential community amenities including local convenience shopping, community spaces, and local services.Nearby Towns: For more comprehensive shopping (supermarkets, banks, and high-street services), residents typically travel just a few minutes into nearby Cumnock or Ayr.Recreation: Surrounded by scenic Ayrshire countryside, offering a peaceful residential environment that appeals to local tenants, couples, and small families looking for affordable housing. Transport & ConnectivityRoad Links: The location offers direct access via local routes connecting to the A76, which links through to Dumfries to the south and Kilmarnock/Glasgow to the north via the major trunk networks (such as the M77/A77).Bus Services: The village is serviced by local bus routes (such as the 42, X42, and 42A services), with stops located virtually on the doorstep (e.g., on Mauchline Road), providing regular connections to Cumnock, Ayr, and surrounding areas. Rail Links: The nearest local railway station is Auchinleck Station (just a short drive away), offering regular ScotRail services connecting commuters toward Glasgow and the wider region.
Document Downloads
Pricing Information & Bidding
Opening Bid: £29,000
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.View Live Online Auction
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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Terms & Conditions of Sale
- 10% Deposit (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
Use our DEPOSIT CALCULATOR to confirm the reservation deposit & buyers fee for this property at a specified bid level.
Calculate Deposit & Fee
STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer for each property which may differ in deposit amount, completion and buyers fee.
* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.
General Terms & Conditions of Sale
Lot Specific Terms - Flat 62 Main Street, Ochiltree, Ayrshire