2 Bed Flat, Single Let, Ayr, KA7 3GT £115,000

2E Millbrae Court, Ayr, KA7 3GT - 11 views - a year ago

BTL

~68 m²

ValuationOvervalued

Sold Prices	£14K - £275K
Sold Prices/m²	£486/m² - £2.6K/m²

Square Metres	~68.11 m²
Price/m²	£1.7K/m²
Value Estimate	£98,000£98,000

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£28,750£28,750
Stamp Duty & Legal Fees	£4,650£4,650
Total Cash In	£33,400£33,400

Cash Out
Rent Range	£425 - £950£425 - £950
Rent Estimate	£447
Running Costs/mo	£469£469
Cashflow/mo	£-22£-22
Cashflow/yr	£-261£-261
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £14K to £275K, average is £80.3K. £486/m² to £2.6K/m², average is £1.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£123.5K	06/25	0.01 mi	2e, Mill Brae Court, Ayr KA7 3GT	£1,900	65	2	Flat
£142K	02/23	0.04 mi	5g, Mill Brae Court, Ayr KA7 3GT	£2,152	66	2	Flat
£132.5K	01/25	0.06 mi	7d, Mill Brae Court, Ayr KA7 3GT	£1,920	69	2	Flat
£150K	05/25	0.08 mi	28, Holmston Gardens, Ayr KA7 3AS	£1,613	93	2	Flat
£140K	02/23	0.08 mi	31, Holmston Gardens, Ayr KA7 3AS	£2,188	64	2	Flat
£132K	03/25	0.08 mi	18, Holmston Gardens, Ayr KA7 3AS	£2,129	62	2	Flat
£90K	01/25	0.12 mi	4, Ground Floor Rear, Smith Street, Ayr KA7 1TD	£1,500	60	2	Flat
£91.1K	07/25	0.19 mi	76d, Kyle Street, Ayr KA7 1RZ	-	-	2	Flat
£36K	02/25	0.19 mi	49, Flat B, Kyle Street, Ayr KA7 1RS	-	-	2	Flat
£85K	10/21	0.22 mi	72a, Kyle Street, Ayr, Ayrshire KA7 1RZ	-	-	2	Flat
£82.5K	08/24	0.22 mi	74b, Kyle Street, Ayr KA7 1RZ	-	-	2	Flat
£88K	03/25	0.28 mi	239, High Street, Ayr KA7 1RB	£1,333	66	2	Flat
£59K	05/25	0.29 mi	52, Mill Street, Ayr KA7 1TJ	£831	71	2	Flat
£89.3K	06/25	0.31 mi	138, Strathayr Place, Ayr KA8 0AY	£1,257	71	2	Flat
£64K	08/24	0.31 mi	4a, Craigie Avenue, Ayr KA8 0EQ	£1,280	50	2	Flat
£55K	02/23	0.32 mi	13, Blackfriars Walk, Ayr KA7 1TT	£775	71	2	Flat
£116K	02/24	0.32 mi	64 Flat G, Dalblair Road, Ayr KA7 1UQ	£2,320	50	2	Flat
£83.5K	08/25	0.35 mi	58, John Street, Ayr KA8 0BS	-	-	2	Flat
£77.5K	10/21	0.36 mi	10, Strathayr Place, Ayr, Ayrshire KA8 0AY	-	-	2	Flat
£85K	03/25	0.36 mi	66, Strathayr Place, Ayr KA8 0AY	£1,164	73	2	Flat
£98K	08/21	0.36 mi	82, Strathayr Place, Ayr KA8 0AY	-	-	2	Flat
£78K	06/21	0.37 mi	76, John Street, Ayr KA8 0BS	-	-	2	Flat
£58K	05/23	0.37 mi	38, John Street, Ayr KA8 0BS	£795	73	2	Flat
£34.9K	02/24	0.37 mi	33, Macadam Place, Ayr, Ayrshire KA8 0BZ	-	-	2	Flat
£47K	06/21	0.37 mi	20, Davidson Place, Ayr, Ayrshire KA8 0DE	-	-	2	Flat
£140K	05/25	0.39 mi	1, Dalblair Court, Dalblair Road, Ayr KA7 1UJ	£2,222	63	2	Flat
£149K	02/25	0.39 mi	Dalblair Court, 16, Dalblair Road, Ayr KA7 1UJ	£2,129	70	2	Flat
£121K	02/25	0.39 mi	Dalblair Court, 47, Dalblair Road, Ayr KA7 1UJ	£1,984	61	2	Flat
£44K	07/21	0.39 mi	20, Church Court, Ayr KA8 0DB	-	-	2	Flat
£50K	07/25	0.4 mi	4, Macadam Place, Ayr KA8 0BZ	-	-	2	Flat
£30K	07/25	0.4 mi	37, Church Court, Ayr KA8 0DB	-	-	2	Flat
£32.5K	09/21	0.41 mi	41, James Street, Ayr KA8 0DL	-	-	2	Flat
£35K	05/25	0.41 mi	43, James Street, Ayr KA8 0DL	£486	72	2	Flat
£140K	04/23	0.42 mi	26, Barns Street, Ayr KA7 1XA	£1,972	71	2	Flat
£14K	02/23	0.42 mi	31, Macadam Square, Ayr KA8 0DA	-	-	2	Flat
£68K	02/25	0.42 mi	Homebriar House, 43, Barns Park, Ayr KA7 2BA	£895	76	2	Flat
£75K	08/25	0.44 mi	36, Elba Street, Ayr KA8 0DX	-	-	2	Flat
£68K	04/23	0.44 mi	34, Elba Street, Ayr KA8 0DX	£1,030	66	2	Flat
£27.5K	04/24	0.44 mi	11d, Victoria Street, Ayr, Ayrshire KA8 0DN	-	-	2	Flat
£32K	02/25	0.45 mi	15d, Victoria Street, Ayr KA8 0DN	£500	64	2	Flat
£43K	04/23	0.45 mi	9a, Elba Street, Ayr KA8 0DQ	£729	59	2	Flat
£241.5K	08/21	0.46 mi	18, Bellevue Crescent, Ayr KA7 2DR	-	-	2	Flat
£250K	08/25	0.48 mi	36, Bellevue Crescent, Ayr KA7 2DR	-	-	2	Flat
£275K	05/23	0.49 mi	4, Barns Street, Ayr KA7 1XA	£1,503	183	2	Flat
£151K	08/21	0.51 mi	5, Bellevue Road, Ayr, Ayrshire KA7 2SA	-	-	2	Flat
£42K	05/24	0.53 mi	10, Flat D, Kings Court, Ayr KA8 0AD	£568	74	2	Flat
£40K	03/23	0.53 mi	11, Flat A, Limonds Wynd, Ayr KA8 0AB	£727	55	2	Flat
£53.8K	06/24	0.54 mi	9, Flat B, Kings Court, Ayr KA8 0AD	£747	72	2	Flat
£240K	05/23	0.54 mi	3, Fairfield Park, Ayr KA7 2AT	£2,637	91	2	Flat
£52.5K	02/24	0.54 mi	66, Sandgate, Ayr, Ayrshire KA7 1BX	-	-	2	Flat

Local Rents

50 rents from £425/mo to £950/mo, average is £613/mo.

Rent	Date	Distance	Address	Beds	Type
£595	08/25	0.04 mi	4E Mill Brae Court, Ayr, South Ayrshire, KA7	2	Flat
£695	08/25	0.04 mi	Mill Brae Court, Ayr, Ayrshire, KA7	2	Flat
£850	05/25	0.04 mi	-	2	Flat
£750	07/25	0.04 mi	Mill Brae Court, Ayr, Ayrshire, KA7	2	Flat
£600	07/25	0.05 mi	Mill Brae Court, Ayr, South Ayrshire, KA7	2	Flat
£695	08/25	0.05 mi	Millbrae Court, AYR, AYRSHIRE, KA7 3GT	2	Flat
£775	07/25	0.05 mi	Mill Brae Court, Ayr, Ayrshire, KA7	2	Flat
£750	05/25	0.05 mi	Millbrae Court, Ayr, South Ayrshire, KA7	2	Flat
£725	06/25	0.05 mi	Millbrae Court, Ayr, South Ayrshire, KA7	2	Flat
£725	07/25	0.05 mi	Millbrae Court, Ayr, South Ayrshire, KA7	2	Flat
£750	08/25	0.07 mi	15 Holmston Gardens, Ayr, South Ayrshire, KA7	2	Flat
£775	03/25	0.08 mi	-	2	Flat
£775	10/23	0.08 mi	-	2	Flat
£900	08/25	0.08 mi	Mill Brae Court, Ayr, KA7	2	Flat
£750	11/25	0.08 mi	Holmston Gardens, Ayr, Ayrshire, KA7	2	Flat
£775	07/25	0.08 mi	Holmston Gardens,Ayr,KA7	2	Flat
£725	03/24	0.08 mi	Holmston Gardens, Ayr, Ayrshire, KA7	2	Flat
£495	04/24	0.13 mi	Smith Street, Ayr, KA7	2	Flat
£575	03/25	0.13 mi	-	2	Flat
£950	11/25	0.17 mi	Ashgrove Street, Ayr, Ayrshire, KA7	2	Bungalow
£595	10/25	0.19 mi	Mill Street, Ayr, Ayrshire, KA7	2	Flat
£625	07/25	0.19 mi	Smith Street, Ayr, South Ayrshire, KA7	2	Flat
£625	07/25	0.19 mi	Smith Street, Ayr, South Ayrshire, KA7	2	Flat
£625	08/25	0.19 mi	Smith Street, Ayr, South Ayrshire, KA7	2	Flat
£600	05/24	0.21 mi	45A Burns Statue Square, Ayr, South Ayrshire, KA7	2	Flat
£500	08/25	0.21 mi	45A Burns Statue Square, Ayr, South Ayrshire, KA7	2	Flat
£625	05/24	0.22 mi	Kyle Street, Ayr, South Ayrshire, KA7	2	Flat
£750	08/25	0.22 mi	Kyle Street, Ayr, Ayrshire, KA7	2	Flat
£650	09/25	0.22 mi	Kyle Street, Ayr, South Ayrshire, KA7	2	Flat
£675	11/25	0.25 mi	Alloway Street, Ayr, Ayrshire, KA7	2	Flat
£650	04/24	0.31 mi	Dalblair Road, Ayr, KA7 1UQ	2	Flat
£450	08/25	0.31 mi	AYR - Blackfriars Walk	2	Flat
£575	07/24	0.32 mi	-	2	Flat
£575	08/24	0.32 mi	-	2	Flat
£575	06/25	0.32 mi	-	2	Flat
£500	08/25	0.32 mi	High Street, Ayr, KA7	2	Flat
£575	05/25	0.32 mi	High Street, Ayr, KA7	2	Flat
£750	07/25	0.32 mi	1C Beresford Lane, Ayr, South Ayrshire, KA7	2	Flat
£475	08/25	0.32 mi	Craigie Avenue, Ayr, South Ayrshire, KA8	2	Flat
£425	07/25	0.32 mi	Craigie Avenue, Ayr, South Ayrshire, KA8	2	Flat
£500	07/25	0.32 mi	Craigie Avenue, Ayr, South Ayrshire, KA8	2	Flat
£500	04/24	0.32 mi	Craigie Avenue, Ayr, South Ayrshire, KA8	2	Flat
£550	04/24	0.32 mi	Craigie Avenue, Ayr, Ayrshire, KA8	2	Flat
£595	04/24	0.32 mi	Craigie Avenue, Ayr, South Ayrshire, KA8	2	Flat
£595	06/25	0.32 mi	Craigie Avenue, Ayr, South Ayrshire, KA8	2	Flat
£475	08/25	0.33 mi	6E Craigie Avenue, Ayr, KA8 0EQ	2	Flat
£525	06/25	0.33 mi	Craigie Avenue, Ayr, KA8	2	Flat
£595	11/25	0.37 mi	Macadam Place, Ayr, South Ayrshire, KA8	2	Flat
£425	08/25	0.37 mi	Macadam Place, Ayr, South Ayrshire, KA8	2	Flat
£450	08/25	0.38 mi	Carrick Street, Ayr, KA7	2	Flat

Local Area Statistics

Population in Ayr	66,38666,386
Town centre distance	0.99 miles away0.99 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.14 miles away0.14 miles away

Rental growth (12m)	+4%+4%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+20%+20%

Property History

Listed for £115,000

September 30, 2024

Floor Plans

Description

Stonefield Estate Agents are pleased to offer 2E Millbrae Court, a beautifully presented two-bedroom executive apartment situated on the second floor of the highly sought-after Millbrae Court development. This property perfectly combines style and convenience, just a short stroll from Ayr town centre, the seafront, and various local amenities.

The apartment is accessed through a secure entry system and a welcoming communal hallway. Inside, you'll find a spacious entrance hall with two storage cupboards, a bright and airy lounge, and a modern fitted dining kitchen equipped with integrated appliances. Both generously sized double bedrooms feature integrated mirrored wardrobes, with the master bedroom boasting an en-suite shower room. Additionally, there is a well-appointed separate bathroom. The property benefits from gas central heating and double glazing, ensuring year-round comfort.

The professionally landscaped communal garden grounds include lawns, mature trees, decorative shrubs, and paved parking areas. The apartment comes with a private allocated parking space and ample visitor parking.

Essential amenities are within easy walking distance, including Ayr town centre, the seafront, and a variety of bars, restaurants, shops, and supermarkets. The area is well served by local primary and secondary schools, and excellent transport links, with the train station just a five-minute walk away. For commuters, the nearby A77/M77 road networks provide quick access to Glasgow and beyond.

With high demand for properties in this desirable development, early viewing is highly recommended.

Dimensions -
Lounge; 14'9 x 14'4
Kitchen; 11'3 x 7'11
Bedroom 1; 12'8 x 10'6
En-Suite; 7'0 x 4'9
Bedroom 2; 9'4 x 9'0
Bathroom; 7'9 x 6'7

Sat Nav - KA7 3GT

Agent Details

Stonefield Estate Agents, Ayr

01292 501777

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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