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George Square, Ayr KA8 2 bed flat for sale
George Square, Ayr KA8
£5,000
George Square, Ayr KA8
£5,000
Our Summary
- Requires internal upgrading
- Requires Internal Upgrading
- FANTASTIC INVESTMENT OPPORTUNITY at AFFORDABLE PRICE
- Auction Details17 April 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: 17 April 2025
- Requires Refurbishment - Handy for local amenities and public transport links with Newton-on-Ayr train station nearby and beautiful sandy beaches within walking distance
Description
This property is a two-bedroom flat located in a historic town on the outskirts of the popular town centre, within walking distance to the famous beach and traditional beach promenade. The flat is situated beside the River Ayr and is in a high demand rental area, with a realistic rental potential of £450 per month, giving a yield of over 24% at the current guide price. The property requires internal upgrading and is perfect for investment, with a buy-to-let opportunity that is likely to attract high tenant demand due to its proximity to local amenities, transport links, and high street shopping. The flat is close to the train station, bus station, retail park, and town centre, making it an ideal location for commuters. With sold prices in the area increasing by 9% over the last year, this property presents a fantastic investment opportunity at an affordable price.