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Merrick Drive, Ayr KA6 8 bed block of apartments for sale
Merrick Drive, Ayr KA6
£125,000
Merrick Drive, Ayr KA6
£125,000
Our Summary
- FOR SALE BY ONLINE AUCTION WEDNESDAY 18TH OF JUNE 2025 AT 9
- 00AM - *EXCELLENT, RARE INVESTMENT OPPORTUNITY*INVESTMENT PORTFOLIO FOR SALE 8 x ONE BEDROOM FLATS, MERRICK DRIVE, DALMELLINGTON*MASSIVE POTENTIAL ANNUAL RENTAL YIELD OF 44% (BASED ON MARKET VALUE RENT)*POPULAR, WELL ESTABLISHED RESIDENTIAL AREA**We are pleased to present to the market an excellent investment opportunity comprising eight one-bedroom flats, situated within a well-established residential area in Merrick Drive, Dalmellington
- - MASSIVE POTENTIAL ANNUAL YIELD (based on market value rent and guide price) : Huge 44% annual yield based on a market rental rate of £575 per month (£6,900 per annum) for a one bedroom flat in the area, and based on guide price
- Massive potential annual rental yield of 44% (based on market value rent and guide price)
Description
This is an exceptional investment opportunity in Dalmellington, Scotland, comprising eight one-bedroom flats on a freehold basis. The property offers a massive potential annual rental yield of 44% based on market value rent and guide price, making it an attractive option for investors seeking a high-yield, low-maintenance addition to their portfolio. The flats are well-proportioned and self-contained, with each unit featuring an entrance hall, lounge, kitchen, bedroom, and bathroom/shower room. The property is situated in a popular, well-established residential area with good local amenities and transport links. The guide price for the portfolio is £125,000, with a potential annual rent of £55,200. Recent nearby property sales have achieved prices ranging from £300,000 to £382,000, demonstrating the area's demand and potential for growth.