Initial price	£50,000
04/10/24	£47,000
Price Change	-6.00%

This property is a fantastic refurbishment opportunity in Irvine, Ayrshire, Scotland. The 2-bedroom flat is being sold at a guide price of £47,000, which is a significant reduction from its previous sale prices of £95,000 and £105,000. The property requires a degree of renovation, but once completed, it is expected to attract a monthly rental of £550-£600, generating an annual gross income of £6,600-£7,200. The property is located in a prime area, close to local amenities, including popular coffee shops, bars, and restaurants. With its high yield potential and excellent capital growth prospects, this property is sure to appeal to investors and builders looking for a rare auction opportunity.