£120,000 Guide Price
Portfolio of three tenanted flats
We are delighted to present to auction this portfolio of three tenanted flats, all within the same block, conveniently located in Kyle Street adjacent to Ayr town centre. The properties are all one bedroom flats, with one on each of Ground, First and Second floors, and are owned under one title. Two of the properties are under local agent management, with the other currently self-managed. The current rental of £12,847 p.a. offers an excellent rental yield of over 10%, with immediate cashflow from day one. The immediate rental income is sure to attract investors looking to add to their existing buy to let portfolio, but also offers an excellent starting point for a new landlord. Early expression of interest is essential for this outstanding opportunity.
Kyle Street enjoys convenient location adjacent to Ayr town centre. Ayr is a popular seaside resort in Ayrshire approximately 35 miles south west of Glasgow. The town offers a wide range of retail and leisure facilities and the nearby A77 provides easy commuter links to Glasgow and further afield.
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