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One-bedroom flat with tenant in place

Ayr, KA7 - Get Access

1 bed 1 bath

Description

Currently Tenanted — Income From Day One. Flat 1, Millearn Apartments, 42 Racecourse Road, Ayr, South Ayrshire, KA7 2UY. 1 Bedroom Flat. Income Potential: Long-Term Rental approx. £540 PCM (£6,480 per year), currently tenanted. Short-Term Let / Airbnb approx. £28,200 per year. The Opportunity: Sold with a tenant already in place, this flat delivers rental income from completion with no void period. Set on Racecourse Road, right by Ayr Racecourse, and just a short walk from Ayr Beach and the town centre, the location benefits from Ayr's frequent 50-minute rail link to Glasgow Central, easy access to Prestwick Airport, and strong year-round visitor demand from race meetings and coastal tourism. A low-cost entry point into the Ayrshire rental and short-let market.
Comparable sales
Flat 9, 42, Racecourse Road, KA7 2UY 0.0 mi
Flat
£115,250
2 years ago
Flat 2 Millearn Apartments, 42, Racecourse Road, KA7 2UY 0.0 mi
Flat
£50,250
1 year ago
Flat 17 Millearn Apartments, 42, Racecourse Road, KA7 2UY 0.0 mi
Flat
£172,000
10 months ago
Estimated market value
£
Range: £ — £
High confidence Floor Area Estimated: 475 sq ft

This 1-bedroom traditional stone-built flat in Ayr was valued primarily using direct same-building evidence from Millearn Apartments. The property occupies a convenient location near the racecourse and town centre, and features an open-plan layout in good structural order with minor dated cosmetic finishes. Floor area of 475 sq ft is estimated for internal use.

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