2 Bed Flat, Single Let, Ayr, KA8 8EF £63,000

Main Street, Ayr, Ayrshire, KA8 8EF - a year ago

BTL

ROI: 9%

~60 m²

ValuationOvervalued

Sold Prices	£26K - £117K
Sold Prices/m²	£356/m² - £2.1K/m²

Square Metres	~59.61 m²
Price/m²	£1.1K/m²
Value Estimate	£43,973£43,973

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£15,750£15,750
Stamp Duty & Legal Fees	£4,350£4,350
Total Cash In	£20,100£20,100

Cash Out
Rent Range	£375 - £800£375 - £800
Rent Estimate	£453
Running Costs/mo	£307£307
Cashflow/mo	£146£146
Cashflow/yr	£1,746£1,746
ROI	9%9%
Gross Yield	9%9%

Local Sold Prices

50 sold prices from £26K to £117K, average is £51.3K. £356/m² to £2.1K/m², average is £747/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£69K	03/25	0.07 mi	27d, Main Street, Ayr KA8 8BU	£1,190	58	2	Flat
£95K	07/21	0.07 mi	30, Seaforth Road, Ayr, Ayrshire KA8 9BU	-	-	2	Flat
£70K	08/21	0.08 mi	5d, Garden Court, Ayr KA8 0AT	-	-	2	Flat
£81.1K	05/25	0.08 mi	Flat F, 14, Garden Street, Ayr KA8 0BB	£1,176	69	2	Flat
£76.5K	03/23	0.09 mi	1b, Garden Court, Ayr KA8 0AT	£1,109	69	2	Flat
£66K	02/23	0.09 mi	25d, Main Street, Ayr KA8 8BU	£1,158	57	2	Flat
£71K	04/23	0.1 mi	12, Flat E, Garden Street, Ayr KA8 0BB	£1,291	55	2	Flat
£91K	08/25	0.1 mi	7f, Garden Court, Ayr KA8 0AT	-	-	2	Flat
£78K	04/23	0.1 mi	7f, Garden Court, Ayr KA8 0AT	£1,258	62	2	Flat
£75.5K	02/24	0.1 mi	28b, Main Street, Ayr, Ayrshire KA8 8EB	-	-	2	Flat
£55K	05/24	0.1 mi	3d, Philip Square, Ayr, Ayrshire KA8 8EL	-	-	2	Flat
£52.5K	06/25	0.11 mi	19a, Philip Square, Ayr KA8 8EL	£772	68	2	Flat
£40K	07/21	0.12 mi	184, Russell Drive, Ayr KA8 8JS	-	-	2	Flat
£35K	03/25	0.12 mi	7b, Philip Square, Ayr KA8 8EL	£493	71	2	Flat
£36K	04/23	0.13 mi	170, Russell Drive, Ayr KA8 8JS	£529	68	2	Flat
£44K	08/25	0.14 mi	5g, Philip Square, Ayr KA8 8EL	-	-	2	Flat
£55K	06/25	0.15 mi	15d, Limonds Wynd, Ayr KA8 0AB	£797	69	2	Flat
£45K	08/21	0.15 mi	15b, Limonds Wynd, Ayr KA8 0AB	-	-	2	Flat
£53.8K	06/24	0.15 mi	9, Flat B, Kings Court, Ayr KA8 0AD	£747	72	2	Flat
£71.5K	06/25	0.15 mi	14d, River Street, Ayr KA8 0AX	£1,021	70	2	Flat
£84K	10/21	0.15 mi	26b, Peebles Street, Ayr KA8 8DS	-	-	2	Flat
£34K	03/25	0.16 mi	116, Russell Drive, Ayr KA8 8JN	£466	73	2	Flat
£106K	06/25	0.16 mi	24b, Peebles Street, Ayr KA8 8DS	£1,514	70	2	Flat
£42K	05/24	0.16 mi	10, Flat D, Kings Court, Ayr KA8 0AD	£568	74	2	Flat
£35K	09/21	0.17 mi	105, Princes Court, Ayr KA8 8HX	-	-	2	Flat
£40K	05/23	0.17 mi	1c, Kings Court, Ayr KA8 0AD	£606	66	2	Flat
£50K	08/25	0.17 mi	1h, Kings Court, Ayr KA8 0AD	-	-	2	Flat
£100K	05/25	0.18 mi	26d, Peebles Street, Ayr KA8 8DS	£1,449	69	2	Flat
£40K	03/23	0.19 mi	11, Flat A, Limonds Wynd, Ayr KA8 0AB	£727	55	2	Flat
£117K	08/23	0.19 mi	14 Victoria Mill, Flat 17, York Street, Ayr KA8 8DQ	£1,696	69	2	Flat
£35K	05/24	0.19 mi	1, York Street Lane, Ayr KA8 8AQ	£538	65	2	Flat
£34.5K	07/25	0.2 mi	45, Argyle Park, Ayr KA8 8JP	-	-	2	Flat
£27.5K	12/21	0.2 mi	85, Russell Drive, Ayr KA8 8JL	-	-	2	Flat
£37K	02/24	0.2 mi	73, Russell Drive, Ayr, Ayrshire KA8 8JL	-	-	2	Flat
£37K	04/24	0.2 mi	159, Russell Drive, Ayr, Ayrshire KA8 8JL	-	-	2	Flat
£42.5K	02/23	0.2 mi	53, Argyle Park, Ayr KA8 8JP	£538	79	2	Flat
£39.5K	08/25	0.21 mi	Flat A, 3, South Harbour Street, Ayr KA7 1HZ	-	-	2	Flat
£26K	06/25	0.21 mi	Flat A, 3, South Harbour Street, Ayr KA7 1HZ	£356	73	2	Flat
£38K	08/24	0.22 mi	129, Russell Drive, Ayr KA8 8JL	£521	73	2	Flat
£115K	02/25	0.23 mi	4, Flat G, Fort Court, Ayr KA7 1JD	£1,533	75	2	Flat
£75K	12/21	0.23 mi	56, Flat 9, Taylor Street, Ayr, Ayrshire KA8 8AU	-	-	2	Flat
£95.5K	05/23	0.24 mi	54c, North Harbour Street, Ayr KA8 8AH	£1,802	53	2	Flat
£45K	02/25	0.24 mi	157, Russell Drive, Ayr KA8 8JL	£616	73	2	Flat
£34K	03/25	0.24 mi	20, Nelson Place, Ayr KA8 8JW	£466	73	2	Flat
£108K	09/21	0.24 mi	54e, North Harbour Street, Ayr, Ayrshire KA8 8AH	-	-	2	Flat
£39.9K	06/25	0.25 mi	33, Nelson Place, Ayr KA8 8JW	£547	73	2	Flat
£43K	04/23	0.26 mi	9a, Elba Street, Ayr KA8 0DQ	£729	59	2	Flat
£35K	06/25	0.26 mi	40, George Square, Ayr KA8 0AG	£467	75	2	Flat
£74K	04/24	0.28 mi	25, Waggon Road, Ayr, Ayrshire KA8 8BA	-	-	2	Flat
£115K	05/25	0.28 mi	3, Marlborough Court, South Harbour Street, Ayr KA7 1HE	£2,091	55	2	Flat

Local Rents

50 rents from £375/mo to £800/mo, average is £575/mo.

Rent	Date	Distance	Address	Beds	Type
£600	04/25	0.05 mi	-	2	Flat
£575	03/23	0.06 mi	-	2	Flat
£625	07/24	0.06 mi	-	2	Flat
£500	07/25	0.07 mi	Main Street, Ayr, Ayrshire, KA8 8BU	2	Flat
£695	04/24	0.08 mi	4F Garden Court, Ayr, KA8 0AT	2	Flat
£550	07/25	0.08 mi	3A Garden Court, Ayr, KA8 0AT	2	Flat
£550	07/25	0.08 mi	New Road	2	Flat
£625	04/24	0.08 mi	Garden Court, Ayr, Ayrshire, KA8	2	Flat
£700	05/25	0.08 mi	Garden Court, Ayr, KA8 0AT	2	Flat
£550	07/25	0.09 mi	Weaver Street Ayr	2	Flat
£450	07/25	0.1 mi	Garden Street, Ayr, Ayrshire, KA8	2	Flat
£525	04/24	0.1 mi	Garden Street, Ayr, Ayrshire, KA8	2	Flat
£575	08/25	0.1 mi	Garden Street, Ayr, South Ayrshire, KA8	2	Flat
£575	04/24	0.1 mi	Garden Street, Ayr, South Ayrshire, KA8	2	Flat
£575	04/24	0.1 mi	Garden Street, Ayr, South Ayrshire, KA8	2	Flat
£425	01/24	0.1 mi	-	2	Flat
£575	11/25	0.1 mi	-	2	Flat
£375	08/25	0.12 mi	Russell Drive, Ayr	2	Flat
£425	08/25	0.13 mi	Kings Court , Ayr, South Ayrshire, KA8	2	Flat
£425	07/25	0.13 mi	AYR - Kings Court	2	Flat
£575	09/25	0.13 mi	Kings Court, Ayr, South Ayrshire, Ayr, KA8	2	Flat
£575	11/25	0.13 mi	Kings Court, Ayr, Ayrshire, KA8	2	Flat
£550	04/24	0.13 mi	-	2	Flat
£475	07/25	0.15 mi	Limonds Wynd,Ayr,KA8	2	Flat
£600	06/24	0.15 mi	Limonds Wynd, Ayr, South Ayrshire, KA8	2	Flat
£650	11/23	0.15 mi	-	2	Flat
£635	11/23	0.18 mi	-	2	Flat
£550	07/25	0.18 mi	15 North Harbour Street, Ayr, KA8 8AA	2	Flat
£695	08/25	0.18 mi	-	2	Flat
£600	07/25	0.19 mi	Limonds Wynd,Ayr	2	Flat
£495	08/25	0.19 mi	George Street,Ayr,KA8	2	Flat
£725	10/25	0.19 mi	-	2	Flat
£750	02/25	0.19 mi	-	2	Flat
£680	10/23	0.19 mi	-	2	Flat
£540	08/25	0.19 mi	Victoria Mill, Ayr, KA8	2	Flat
£800	06/25	0.2 mi	-	2	Flat
£800	07/25	0.2 mi	-	2	Flat
£800	07/25	0.2 mi	The Granary, Ayr, KA8	2	Flat
£775	10/25	0.2 mi	York Street, Ayr, Ayrshire, KA8	2	Flat
£550	08/25	0.22 mi	Craigie Avenue, Ayr, Ayrshire, KA8 0AQ	2	Flat
£750	11/23	0.22 mi	-	2	Flat
£375	07/25	0.22 mi	Argyle Park, Ayr, South Ayrshire, KA8	2	Flat
£650	07/25	0.22 mi	York Street, Ayr	2	Flat
£695	09/25	0.23 mi	-	2	Flat
£475	08/25	0.23 mi	Taylor Street, Ayr, South Ayrshire, KA8	2	Flat
£475	07/25	0.23 mi	Taylor Street, Ayr, South Ayrshire, KA8	2	Flat
£485	08/25	0.23 mi	Taylor Street, Ayr, South Ayrshire, KA8	2	Flat
£475	08/25	0.23 mi	Taylor Street, Ayr, South Ayrshire, KA8	2	Flat
£600	09/25	0.23 mi	George Street, Ayr, Ayrshire, KA8	2	Flat
£625	04/24	0.23 mi	Taylor Street, Ayr, Ayrshire, KA8	2	Flat

Local Area Statistics

Population in Ayr	66,38666,386
Town centre distance	1.67 miles away1.67 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.46 miles away0.46 miles away

Rental growth (12m)	+27%+27%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+7%+7%

Property History

Listed for £63,000

October 1, 2024

Floor Plans

Description

1st Floor Sandstone Fronted Flat +
Central Ayr Location +
Vestibule +
Hallway +
Lounge +
Dining Area Leading to Fitted Kitchen With Appliances +
2 Bedrooms +
Bathroom With Shower +
Gas CH DG +
Walking Distance to Amenities & Transport +

Well presented, 2-bedroom 1st floor flat located within central Ayr.

The town centre, beach, college, train, and bus stations are all within walking distance.

The well-proportioned accommodation comprises of entrance vestibule, entrance hall, lounge, small dining area open to a fitted kitchen with appliances, 2 bedrooms and bathroom with 3-piece suite and shower.

Further benefits include gas central heating and double glazing,

Room Sizes:
Lounge 3.91m x 3.42m (12'10x11'3)
Dining Area 2.21m x 1.17m (7'3 x 3'10)
Kitchen 3.84m max x 2.15m max (12'7 max x 7'1 max)
Bedroom 1 3.91m x 2.89m (12'10x9'6)
Bedroom 2 3.61m x 1.87m (11'10x6'2)
Bathroom 3.44m max x 1.16m max (11'3 max x 3'10 max)

DISCLAIMER
The details within this schedule are for advertisement purposes only. Every attempt is made to ensure this is current at the time of production; however, the particulars may change over time. Measurements are to be used a guide only. Photos of the property are for guidance. Exact details of what is included in the sale should be clarified in advance of any offer.

Agent Details

Homesure, Ayrshire

01292 431506

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

Under Offer

2 Bed House, Single Let, Ayr, KA8 0AT

£70,000

3 months ago • 68 m²

2 Bed Flat, Single Let, Ayr, KA8 8EL

£55,000

1 views • 6 months ago • 71 m²

Sold STC

2 Bed Flat, Single Let, Ayr, KA8 8EL

£50,000

1 views • 3 months ago • 70 m²

Sold STC

3 Bed Flat, Single Let, Ayr, KA8 8DE

£120,000

5 months ago • 93 m²

2 Bed Flat, Single Let, Ayr, KA8 8EF £63,000

ValuationOvervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

Similar Properties

2 Bed House, Single Let, Ayr, KA8 0AT

2 Bed Flat, Single Let, Ayr, KA8 8EL

2 Bed Flat, Single Let, Ayr, KA8 8EL

3 Bed Flat, Single Let, Ayr, KA8 8DE

Cashflows

Local Sold Prices

Local Rents