This property is being sold as part of a portfolio with 21 Afton Bridgend, New Cumnock KA18 4AX.

Going under the hammer this traditional, one bedroom flat requiring some refurbishment, located in the Ayrshire town of Auchinleck. The property offers an excellent opportunity for investors and developers to acquire an asset with strong value-add potential. Internally the accommodation comprises hallway, lounge, kitchen, double bedroom and bathroom. The property requires some upgrading and modernisation but once completed would make an ideal buy-to-let investment. Affordable one-bedroom accommodation remains consistently popular with tenants, particularly within well-connected Ayrshire towns. The Local Housing Allowance (LHA) for a one-bedroom property within the East Ayrshire could provide an annual income in the region of £4,487, subject to tenancy and eligibility. Demand within the private rental sector in the area could also support strong rental returns following refurbishment. Early viewing is advised to appreciate this investment opportunity. Council Tax Band A.

Tenure

Freehold

Area

The property is in the popular Ayrshire town of Auchinleck, approximately 7 miles east of Kilmarnock and around 35 miles south of Glasgow. Local amenities including shops, supermarkets, cafes and schooling are available within the town, with further amenities available in nearby Kilmarnock. The area benefits from good transport links including a railway station with services to Glasgow, making it a convenient location for commuters and tenants.

Local Authority

East Ayrshire Council

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.