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See how verdicts work2-bedroom flat · KA7 2UY
For saleListed 53 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Montgreenan Property Group are delighted to present The Penthouse, Millearn Apartments, Racecourse Road, Ayr.
An exceptional top floor apartment ( 2nd floor ) occupying an enviable position within one of Ayr’s most sought after coastal locations, moments from the Old Racecourse, Belleisle & Rozelle Country Parks, Ayr beachfront & the town centre.
Beautifully presented throughout, this impressive home enjoys breathtaking panoramic views across Ayr Bay, Greenan Castle & the Firth of Clyde towards the Isle of Arran.
The accommodation is bright, spacious & well proportioned, with a generous sitting room providing a wonderful space for relaxing or entertaining while enjoying the remarkable outlook & spectacular west coast sunsets.
A sleek & stylish modern dining kitchen offers excellent storage, workspace & room for dining.
There are two generous double bedrooms - the master boasting a large walk in wardrobe alongside a beautifully appointed bathroom & separate WC creating a comfortable & versatile home.
Perfectly suited to first time buyers, down-sizers, commuters or those searching for an exceptional coastal pied-à-terre.
Externally, residents benefit from private residents’ parking & beautifully maintained communal gardens, while the outstanding Racecourse Road setting places scenic coastal walks, golf courses, cafés, restaurants, shops & excellent transport links all within easy reach.
Combining panoramic coastal views, generous accommodation & one of Ayr’s most desirable addresses, this is a rare opportunity to secure an exceptional penthouse by the sea. Home Report Value £190,000.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About Penthouse, Millearn Apartments, Racecourse Road, Ayr
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