Already tenanted. Income from day one. Investment potential for tomorrow.
Starting bid: £26,000.00
Item condition: New
Auction has not been started yet.
Start On: October 28, 2026 10:00 am
Ending On: October 28, 2026 2:00 pm
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Exciting Investment Opportunity – Buy-to-Let Property in Kilbirnie
An excellent opportunity to acquire a one-bedroom ground-floor main door flat in the heart of Kilbirnie, offering immediate rental income with a sitting tenant currently paying £450 per calendar month (£5,400 per annum).
The property offers spacious accommodation throughout, comprising a lounge, kitchen, double bedroom and bathroom, alongside cellar access providing additional storage and its own rear garden.
Further benefits include double glazing and gas central heating, with the property also benefiting from exterior improvements and a convenient central location.
With a tenant already in situ, this property offers investors the opportunity to acquire an income-generating asset from completion, subject to the terms of the tenancy and the usual legal checks.
At the current rental of £450 PCM, the property generates an annual rental income of £5,400. Based on the guide price of £26,000, this represents a potential gross rental yield of approximately 20.77%, before purchase costs, maintenance, insurance and other expenses.
There may also be potential to explore alternative commercial use, including retail, beauty or a Class 3 hot food business, subject to the necessary planning permission and any other required consents. The indicative rental potential for such a use has been estimated at £910 PCM (£10,920 per annum), although this would require further investigation and is not guaranteed.
Kilbirnie is a popular Ayrshire town offering a range of local amenities and transport links. Glengarnock railway station provides connections for commuters, while Glasgow is approximately 24 miles away. Nearby amenities include a large Tesco supermarket, Boots and a variety of local retail and leisure facilities.
This lot will be sold under the auction terms and conditions of Braveheart Auctions.
For further information or to discuss this investment opportunity, speak to one of our dedicated team or submit offer now.
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The seller of this lot has indicated that pre-auction offers will be considered. An offer can be submitted by click on the button below and completing the form.
A member of our sales team will contact you following the submission of your offer. If your offer is accepted then you will pay the required deposit to secure the lot today.
