Studio

This tenanted one-bedroom flat is located in the quiet rural town of Catrine, Ayrshire, and is currently generating £249 per month in rent. With the local average rent being £400-£450 per month, there is scope to increase the rent, potentially yielding 18-20% after the increase. The flat is situated on St Germain street, the main street in the town centre, and is close to local amenities, including shops, cafes, pubs, and a community centre. The village is a popular commuter town, just 10 minutes from the M77, which provides direct access to Glasgow. The property is being sold under auction terms and conditions, with local sales of similar properties ranging from £31,000 to £35,000.