3 bedroom flat for sale

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3 bedroom flat for sale

Tenanted Investment, James Brown Avenue, Ayr, South Ayrshire, KA8 9SE
£60,000

Price History

Initial price £61,000
21/11/25 £54,000
28/11/25 £60,000
Price Change -1.64%

Description

This is a dream investment property located in a high demand rental location, offering an outstanding rental yield of £1,800 per month (£21,600 per year). The large 3-bedroom property, measuring 85 sqm, has a main door entrance on the ground floor and features three large double bedrooms, a lounge, modern kitchen, and well-maintained bathroom. The property is fully let to three individual lodgers, generating a strong net income of £1,800 per month, with each room rented long-term at £650, £600, and £550 per month. The landlord pays for utilities, leaving a clear profit of £1,600 per month (£19,200 per year). The property is well-presented and well-maintained, with a low Council Tax band of B. The landlord has spent over £3,000 on furniture, and there is a waiting list of tenants. This is an excellent opportunity for serious investors looking for a hands-off investment with a massive return on investment.