1 bed flat

This is a tenanted one-bedroom flat located in the rural town of Catrine, Ayrshire, which is situated between Kilmarnock and Cumnock. The flat is situated on St Germain street, the main street in the town centre, and has a large double bedroom, kitchen, bathroom, and living room area. The current tenant is paying £249 per month, but with the average local rent being £350-£400 per month, there is scope to increase the rent, potentially yielding 18-20%. The property is being sold under auction terms and conditions by Braveheart Auctions, with local sales for similar properties including £31,000, £35,000, and £35,000. The property is a great opportunity for investors looking for a potential high-yielding investment in a quiet rural town with local amenities and easy access to major towns.