This property represents a notable investment prospect situated in the historic town of Maybole, Ayrshire. Comprising four spacious bedrooms, this freehold property is currently vacant and holds significant potential for rental income, with estimates suggesting returns of approximately £850 per month (£10,200 annually) in a market that shows strong demand. Given its size and layout, the property also presents an opportunity to convert to a House in Multiple Occupation (HMO), which could enhance rental yields further, potentially achieving over £1,000 monthly (£12,000 yearly), although an HMO license would need to be obtained.
Conveniently located near town centre amenities and transport connections to Ayr, Girvan, Stranraer, and Glasgow City Centre, the property ensures easy accessibility for future tenants. Local schooling options are plentiful, including the well-regarded Carrick Academy. This traditional residence features a Lounge, Dining Kitchen, four Bedrooms and Bathroom, complemented by gas central heating and double glazing. While it was previously let at £900 per month, some modernization will be necessary to maximize its appeal and rental value. The location also lends itself well to serviced accommodation strategies due to proximity to attractions like the Trump Turnberry Golf Club. Overall, this property is positioned under the ADS threshold making it an attractive option for discerning investors who see its substantial renovation potential.
