4 Somerset Road, Ayr, KA8 9LY

• 
  
  • Prime Property Auctions is excited to bring to market this exceptional 4 bed flat, located within the sought after location of South Ayrshire - ***HOME REPORT £100,000***
  
  

• 
  
  • ***14, Somerset Road, Ayr, Ayrshire, KA8 9LY sold for £225,000 in April 2024, 10, Somerset Road, Ayr, KA8 9LY sold for £200,000 in September 2021***
  
  

• 
  
  • For short term rental purposes, the property has potential to be used as a holiday let / Airbnb property, subject to gaining necessary licensing and permissions. Comparable properties in the area are achieving upwards of £100 per night. This would provide a superb 30% gross yield based on 70% occupancy - ***FANTASTIC YIELD POTENTIAL***
  
  

• 
  
  • Property could achieve annual income of £25,550 based on a 70% occupancy rate at £100 per night as a holiday let/ Airbnb. Subject to the necessary licensing and permissions. Sure to appeal to a variety of buyers.
  
  
• 
  
  • For standard rental purposes, property could achieve between £725 and £850 per calendar month, generating an impressive yield of between 10.2% and 12% if achieved at the guide price of £85,000. Sure to appeal to a shrewd investor.
  
  

 

Prime Property Auctions is excited to bring to market this exceptional 4 bed flat, located within the sought after location of South Ayrshire - ***HOME REPORT £100,000***

Property is located near a whole host of local amenities including shops and restaurants, with local schools & easy access to public transport nearby. ***PRIME RETREAT LOCATION***

Property comprises: Entrance hallway, living room, 4 bedrooms, kitchen, dining kitchen, bathroom, with WC. Property benefits from ample storage throughout.

Excellently Characterised property, finished to a high, lettable standard.

For standard rental purposes, property could achieve between £725 and £850 per calendar month, generating an impressive yield of between 10.2% and 12% if achieved at the guide price of £85,000. Sure to appeal to a shrewd investor.

Fantastic home, ideal for a family looking to move into a large spacious property, close to schools and local amenities.

***HOME REPORT £100,000***

***PROPERTY BEING OFFERED AT FANTASTIC DISCOUNT FROM HOME REPORT***

For short term rental purposes, the property has potential to be used as a holiday let / Airbnb property, subject to gaining necessary licensing and permissions. Comparable properties in the area are achieving upwards of £100 per night. This would provide a superb 30% gross yield based on 70% occupancy - ***FANTASTIC YIELD POTENTIAL***

Prime Opportunity for Property investors & homeowners looking for a property in an excellent location. Property is ready to move into / let. Sure to appeal to those looking for Rare auction property.

 

Local sales evidence:

***14, Somerset Road, Ayr, Ayrshire, KA8 9LY sold for £225,000 in April 2024, 10, Somerset Road, Ayr, KA8 9LY sold for £200,000 in September 2021***

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer Now” button on our website, located below the photographs.

This property is offered at a fantastic price to ensure an Auction sale.

The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

Location:

Nestled in the heart of Ayr, this enchanting upper flat seamlessly blends spacious interiors with timeless charm. Positioned for utmost convenience, the property is within walking distance of Newton-on-Ayr train station, supermarkets, esteemed primary schools, and just a short drive from Ayrshire Campus. Completing this remarkable offering is a partially floored loft space, ideal for storage or future expansion given the appropriate consents, along with a well-maintained communal close and a low-maintenance garden, perfect for outdoor relaxation.

With its blend of period features and modern amenities, this exceptional flat presents a rare opportunity for discerning buyers. Ayr, a historic coastal town, features scenic beaches, a vibrant town centre, and comprehensive amenities including shops, restaurants, schools, and healthcare facilities. Both locations have good transport links and affordable housing, making them appealing for both living and investment, with Ayr offering a more urban experience and Coylton a peaceful, rural setting.

 

Please see the floor sizes of the property below.

Lounge 15'10 x 12'1
Kitchen 15'0 x 11'3
Bedroom 1 12'7 x 11'4
Bedroom 2 11'10 x 10'6
Bedroom 3 11'07 x 7'2
Bedroom 4 10'4 x 7'2
Bathroom 8'4 x 5'9