First Floor Flat, Tenanted... 2 bed flat for sale

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First Floor Flat, Tenanted... 2 bed flat for sale

First Floor Flat, Tenanted Investment, 43 West Main Street, Darvel, East Ayrshire, KA17 0EB
£31,000

Price History

Initial price £32,000
05/09/25 £33,000
13/09/25 £29,000
19/09/25 £31,000
Price Change -3.13%

Description

This income-producing investment property is a two-bedroom, first-floor flat located in the popular commuter town of Darvel, offering excellent access to Kilmarnock, Glasgow, Ayr, and Prestwick Airport. The property is currently tenanted, with a settled long-term tenant paying £399 per month, providing a potential yield of over 15%. The rent is low compared to the local market, with a competitive rental of £550 per month for a similar property. The property is situated in a desirable location, close to local schools and amenities, and is only a short distance from the M77, linking Ayrshire with Glasgow City Centre. The property will be sold under auction terms and conditions, with pre-auction offers being considered. This is an excellent opportunity for a landlord or investor to purchase a low-cost property with a generous return.