Bridge Lane, Catrine KA5 3 bed flat for sale

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Bridge Lane, Catrine KA5 3 bed flat for sale

Bridge Lane, Catrine KA5
£28,000

Our Summary

  • Auction Details15 May 2025, 10am-3pm Timed Online AuctionHow to Bid Now Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY
  • Future Property Auctions - Scotland's Largest Land and Property Auction House
  • AUCTION DATE: 15 May 2025

Description

This three-bedroom traditional first-floor flat is located in the center of Catrine, Ayrshire, and is currently tenanted at £325 per month, with the rent paid directly to the landlord by East Ayrshire Council. The property has a strong rental income potential, with the current tenant having lived there for several years and consistently paying rent. The flat is being sold in its current condition, with no warranty given for the services or systems within the property. The village of Catrine offers a range of amenities, including general stores, nursery, and primary schooling, with secondary schooling available in the neighboring village of Cumnock. The property is being sold through a timed online auction, with bidding opening on May 15, 2025, and closing at 3 pm. This presents a buy-to-let opportunity for investors, with the potential to increase the annual gross income to £4,800 (£400 per month).