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East Road, Irvine KA12 1 bed flat for sale
East Road, Irvine KA12
£30,000
East Road, Irvine KA12
£30,000
Our Summary
- Auction Details01 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: 01 May 2025
Description
This is a buy-to-let investment property, a one-bedroom first-floor flat located in the popular coastal town of Irvine. The property is currently tenanted and generating an immediate return on investment, with a rent of £375 per month (£4,500 per annum) until August 2025. The rent is below market value, with similar properties in the area letting for £500 per month (£6,000 per annum). The property is situated in a high-demand rental location and is close to public transport links, including regular rail connections to Ayr and Prestwick. The local sales evidence suggests that similar properties in the area are selling for £85,000, making this a potentially lucrative investment opportunity. The property will be auctioned off on May 1st, 2025, as part of Future Property Auctions' timed online auction.