1 bed property

This one-bedroom flat is a prime investment opportunity in a popular buy-to-let location in Ardrossan, Ayrshire. The property requires renovation to unlock its full potential and is priced for auction with a guide price of £35,000. Once renovated, it's expected to attract a rental income of £375-£425 per month, generating a gross annual rent of £4,500-£5,100 and a gross rental yield of 13%-14.5%. The property is located in a convenient area, close to local amenities, supermarkets, leisure facilities, and doctors/dental surgeries, and is within walking distance of Ardrossan ferry terminal. The seller is open to immediate offers and the property will be featured in an upcoming timed online auction.