2 Bed Flat, Single Let, Ayr, KA7 1JX £50,000

New Bridge Street, Ayr, KA7 1JX - 1 views - 8 months ago
BTL
ROI: 10%
~64 m²
Property image
Property image
Property image
Property image
Property image
+20 photos

ValuationUndervalued

Sold Prices£26K - £275K
Sold Prices/m²£356/m² - £2.8K/m²

 

 

Square Metres

~64.30 m²
Price/m²£778/m²

Value Estimate

£62,500
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£12,500

Stamp Duty & Legal Fees

£3,700

Total Cash In

£16,200

 

 

Cash Out

 

Rent Range

£375 - £850

Rent Estimate

£395

Running Costs/mo

£255

Cashflow/mo

£140

Cashflow/yr

£1,677

ROI

10%

Gross Yield

9%

Local Sold Prices

50 sold prices from £26K to £275K, average is £77.8K. £356/m² to £2.8K/m², average is £1.2K/m².

Price
Date
Distance
Address
Beds
 
£39.5K08/250.02 miFlat A, 3, South Harbour Street, Ayr KA7 1HZ2
£26K06/250.02 miFlat A, 3, South Harbour Street, Ayr KA7 1HZ2
£115K02/250.04 mi4, Flat G, Fort Court, Ayr KA7 1JD2
£110K03/250.07 mi16, Flat C, Fort Street, Ayr KA7 1HU2
£125K08/250.07 miFlat G, 16, Fort Street, Ayr KA7 1HU2
£95K02/250.07 mi16, Flat B, Fort Street, Ayr KA7 1HU2
£71.5K06/250.12 mi14d, River Street, Ayr KA8 0AX2
£75.5K02/240.13 mi28b, Main Street, Ayr, Ayrshire KA8 8EB2
£66K02/230.14 mi25d, Main Street, Ayr KA8 8BU2
£91K08/250.15 mi7f, Garden Court, Ayr KA8 0AT2
£78K04/230.15 mi7f, Garden Court, Ayr KA8 0AT2
£69K03/250.16 mi27d, Main Street, Ayr KA8 8BU2
£95K07/210.16 mi30, Seaforth Road, Ayr, Ayrshire KA8 9BU2
£52.5K02/240.16 mi66, Sandgate, Ayr, Ayrshire KA7 1BX2
£140K08/240.16 mi52c, Fort Street, Ayr KA7 1DE2
£76.5K03/230.16 mi1b, Garden Court, Ayr KA8 0AT2
£71K04/230.16 mi12, Flat E, Garden Street, Ayr KA8 0BB2
£70K08/210.17 mi5d, Garden Court, Ayr KA8 0AT2
£149K02/250.18 mi43a, Fort Street, Ayr KA7 1DG2
£81.1K05/250.18 miFlat F, 14, Garden Street, Ayr KA8 0BB2
£100K09/230.18 mi2, Charlotte Street, Ayr KA7 1DZ2
£42K05/240.2 mi10, Flat D, Kings Court, Ayr KA8 0AD2
£125K06/250.2 mi9, Marlborough Court, South Harbour Street, Ayr KA7 1HE2
£115K05/250.2 mi3, Marlborough Court, South Harbour Street, Ayr KA7 1HE2
£35K05/240.2 mi1, York Street Lane, Ayr KA8 8AQ2
£53.8K06/240.21 mi9, Flat B, Kings Court, Ayr KA8 0AD2
£117K08/230.22 mi14 Victoria Mill, Flat 17, York Street, Ayr KA8 8DQ2
£77.5K10/210.24 mi10, Strathayr Place, Ayr, Ayrshire KA8 0AY2
£85K03/250.24 mi66, Strathayr Place, Ayr KA8 0AY2
£98K08/210.24 mi82, Strathayr Place, Ayr KA8 0AY2
£120.5K05/250.24 mi15, Buchan Court, South Harbour Street, Ayr KA7 1HB2
£55K02/230.25 mi13, Blackfriars Walk, Ayr KA7 1TT2
£95.5K05/230.25 mi54c, North Harbour Street, Ayr KA8 8AH2
£108K09/210.25 mi54e, North Harbour Street, Ayr, Ayrshire KA8 8AH2
£78K06/210.26 mi76, John Street, Ayr KA8 0BS2
£140K04/230.26 mi26, Barns Street, Ayr KA7 1XA2
£35K03/250.26 mi7b, Philip Square, Ayr KA8 8EL2
£58K05/230.26 mi38, John Street, Ayr KA8 0BS2
£170.5K08/250.27 mi8, Cromwell Road, Ayr KA7 1DY2
£55K05/240.27 mi3d, Philip Square, Ayr, Ayrshire KA8 8EL2
£275K05/230.27 mi4, Barns Street, Ayr KA7 1XA2
£40K03/230.27 mi11, Flat A, Limonds Wynd, Ayr KA8 0AB2
£44K08/250.27 mi5g, Philip Square, Ayr KA8 8EL2
£83.5K08/250.28 mi58, John Street, Ayr KA8 0BS2
£59K05/250.28 mi52, Mill Street, Ayr KA7 1TJ2
£40K05/230.28 mi1c, Kings Court, Ayr KA8 0AD2
£50K08/250.28 mi1h, Kings Court, Ayr KA8 0AD2
£50K07/250.28 mi4, Macadam Place, Ayr KA8 0BZ2
£43K04/230.28 mi9a, Elba Street, Ayr KA8 0DQ2
£150K05/240.28 mi17, Trenchard Court, South Harbour Street, Ayr, Ayrshire KA7 1JU2

Local Rents

50 rents from £375/mo to £850/mo, average is £625/mo.

Rent
Date
Distance
Address
Beds
 
£55003/250.04 mi-2
£62508/250.04 mi4 Fort Court, Ayr, Ayrshire, KA72
£69511/250.05 mi2 Fort Court, Ayr, Ayrshire, KA72
£79511/250.05 miAYR - Academy Street2
£79511/250.05 miAyr- Academy Street2
£67504/240.06 miAYR - Academy Street2
£72511/250.06 miAcademy Street, Ayr, Ayrshire, KA72
£56508/250.06 miAcademy Street - Ayr2
£52508/250.06 miAYR - Academy Street2
£72509/230.07 mi-2
£80011/240.07 mi-2
£85011/250.07 mi17 Cathcart Street, Ayr, Ayrshire, KA72
£77711/250.07 mi-2
£38508/250.08 miCathcart Street, Ayr, South Ayrshire, KA72
£37507/250.08 miCathcart Street, Ayr, South Ayrshire, KA72
£45008/250.08 miCathcart Street, Ayr, South Ayrshire, KA72
£65011/250.08 mi-2
£65011/250.08 miSandgate, Ayr, KA72
£65008/250.08 mi6b Cathcart Street, Ayr, KA7 1BJ2
£85004/240.09 miCathcart Street, Ayr2
£45010/250.09 miCathcart Street, Ayr, South Ayrshire, KA72
£65011/230.1 mi-2
£65008/250.11 miNewmarket Street, Ayr, KA72
£47508/250.11 miNewmarket Street, Ayr, Ayrshire, KA72
£67507/250.12 miFlat 1, 42 Sandgate, Ayr - KA7 1BX2
£75004/250.13 mi-2
£49508/250.16 miGeorge Street,Ayr,KA82
£69508/250.16 mi-2
£55007/250.16 mi15 North Harbour Street, Ayr, KA8 8AA2
£52504/240.16 miGarden Street, Ayr, Ayrshire, KA82
£57508/250.16 miGarden Street, Ayr, South Ayrshire, KA82
£57504/240.16 miGarden Street, Ayr, South Ayrshire, KA82
£57504/240.16 miGarden Street, Ayr, South Ayrshire, KA82
£45007/250.16 miGarden Street, Ayr, Ayrshire, KA82
£62504/240.16 miGarden Court, Ayr, Ayrshire, KA82
£70005/250.16 miGarden Court, Ayr, KA8 0AT2
£50007/250.16 miMain Street, Ayr, Ayrshire, KA8 8BU2
£69504/240.17 mi4F Garden Court, Ayr, KA8 0AT2
£55007/250.17 mi3A Garden Court, Ayr, KA8 0AT2
£57503/230.17 mi-2
£62507/240.17 mi-2
£67508/250.2 miAYR - Marlborough Court2
£59505/250.23 mi17 Charlotte Street, Ayr, Ayrshire, KA72
£70008/250.23 miNorth Harbour Street, Ayr, South Ayrshire, KA82
£85011/250.23 miNorth Harbour Street, Ayr, Ayrshire, KA82
£45008/250.23 miCarrick Street, Ayr, KA72
£50007/250.24 miFullarton Street, Ayr, South Ayrshire, KA72
£57509/250.24 miKings Court, Ayr, South Ayrshire, Ayr, KA82
£57511/250.24 miKings Court, Ayr, Ayrshire, KA82
£42508/250.24 miKings Court , Ayr, South Ayrshire, KA82

Local Area Statistics

Population in Ayr

66,386

Town centre distance

1.50 miles away

Nearest school

0.10 miles away

Nearest train station

0.51 miles away

 

 

Rental growth (12m)

+4%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Price changed to £50,000

July 30, 2025

Price changed to £55,000

July 26, 2025

Price changed to £60,000

May 31, 2025

Price changed to £63,000

May 15, 2025

Listed for £60,000

March 15, 2025

Floor Plans

Property image

Description

  • Perfect First Time Buyer Opportunity +
  • Close Proximity to Local Amenities +
  • Spacious Rooms +
  • Three-Piece Bathroom +
  • Fully-Equipped Kitchen +
  • Well-Maintained Property +
  • Likely to attract enquiries from Serious Investors & Developers +
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack) +

Our latest listing is a 2-bedroom flat located in Ayr. With spacious rooms, well-maintained property and a close proximity to local amenities, this is the perfect opportunity for Buyer Looking to Move up The Property Ladder.

This well-kept home features 2 spacious bedrooms, a lounge, a fully-equipped kitchen and a three-piece bathroom.

If you are interested, please call us.

Let Property is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.

Agent Details

Let Property Sales & Management, Glasgow

0141 673 7973

Next Steps?

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