£29,000

3 bedroom flat for sale

Bridge Lane, Catrine KA5
flat flat
bedrooms 3 bedrooms
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Property description

Three Bedroom traditional first floor flat within the centre of Catrine in Ayrshire. Currently tenanted at £325 per month - Rent paid direct to landlord from East Ayrshire Council. House prices in Bridge Lane have an overall average of £50,500 over the last year. Overall, the historical sold prices in Bridge Lane over the last year were 69% down on the 2013 peak of £164,000. Buy-to-Let Opportunity Close Proximity to Valuable Amenities The property currently produces an annual gross income of £3,900 which could be increased by the new owner to a market rate of £4,800 (£400 per month). Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio. The current tenant has lived in the property for several years and has consistently paid their rent (direct from local housing authority direct to landlord) for the duration of their stay. This property is being sold in its present condition and no warranty will be given to any purchaser with regard to the existence or condition of the services or any heating or other system within the property. Any intending purchasers will require to accept the position as it exists since no testing of any services or systems can be allowed. No moveable items will be included in the sale. The village of Catrine offers a range of amenities including general stores, nursery and primary schooling. Secondary schooling is available at the multi educational centre of Barony Campus at Cumnock whilst rail links are located in the neighbouring village of Auchinleck.

Auction Details
18 September 2025, 12pm
Timed Online Auction

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First listed

Over a month ago

Bridge Lane, Catrine KA5

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Future Property Auctions - Glasgow 241 Kilmarnock Road Shawlans, Glasgow G41 3JF
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