Initial price	£30,000
01/04/25	£15,000
06/08/25	£12,000
Price Change	-60.00%

This property is a one-bedroom flat located in a popular buy-to-let location in Ardrossan, Ayrshire, Scotland. The property requires full refurbishment before it can be inhabited, but once completed, it has the potential to achieve a high annual gross yield of 18% based on a guide price of £30,000 and a monthly rent of £450. The property is being sold as part of a portfolio sale, but the seller will consider selling it as an individual unit. With nearby properties selling for much higher prices, this property is being offered at a fantastic price to ensure an auction sale. The location is picturesque, with a blend of old-world charm and modern convenience, and the town's architecture showcases a mix of styles. The property is perfect for a shrewd investor looking for an affordable development opportunity to add to their portfolio.