2-bedroom flat · PA17 5BA
Listing removedListed 150 daysAuction 24 Jun · ended
Opportunity summary
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About
For sale by online auction Wednesday 24th June 2026 at 9AM - ***huge discount against home report value of £100,000***Modern luxury two-bedroom flat in Skelmorlie.
Currently vacant but previous tenant was paying £595pcm, providing a yield of 8.4% at Guide Price.
Great turnkey opportunity for Buy-to-Let investors*** ***Modern Luxury 2 bedroom flat*** Was previously Sold for £165,000*** Being sold subject to a tenancy----Asset Management Sale Instruction--- RICS Home report value---£100,000--- bmv Opportunity--- An exceptional opportunity to acquire a stylish and modern two-bedroom flat in the sought-after coastal village of Skelmorlie.
Located on the prestigious Innes Park Road, this luxury property offers a perfect blend of contemporary living, sea views, and long-term investment potential.
The apartment boasts a spacious and bright open-plan lounge and dining area, complemented by large windows that flood the space with natural light and frame stunning views across the Firth of Clyde.
The modern fitted kitchen features high-quality appliances, sleek worktops, and ample storage, making it both practical and elegant.
There are two generously sized double bedrooms, each tastefully presented with fitted storage.
The master bedroom benefits from an en-suite shower room, while the property also offers a well-appointed family bathroom finished to a high standard.
Further highlights include secure entry, private residents' parking, and beautifully maintained communal areas.
The flat is currently tenanted, providing an immediate and reliable rental income stream for investors seeking a turnkey buy-to-let opportunity in a prime location.
Skelmorlie is a desirable Ayrshire coastal village, well connected by road and rail links to Glasgow, Largs, and the wider Clyde coast, while offering a peaceful lifestyle by the sea.
This is a rare chance to secure a modern, income-generating property in one of Ayrshire's most attractive residential areas.
***key features*** - Modern luxury two-bedroom flat - Bright and spacious open-plan living - Master en-suite and family bathroom - Sea views over the Firth of Clyde - Secure entry and residents' parking - Prime coastal village location ***recent nearby residential property sales*** 91 Innes Park Rd Sold £118k (Oct 23) 62 Innes Park Rd Sold £135.5k (June 23) 1A Innes Park Rd Sold £98k (May 23) 30 Innes Park Road Sold £150k (April 23) 1E Innes Park Rd Sold £89k (June 22) Fabulous opportunity to acquire a good quality Turn Key residential property with a tenant in situ (All rent up to date) *** Discounted for auction sale*** ***Great quality property*** Skelmorlie, a popular coastal village and neighbouring Wemyss Bay offer a range of amenities, recreational facilities and travel links to Glasgow by bus, train and an upgraded road network ***previously sold for £165K*** Modern Luxury 2 bedroom flat in purpose built residential development.
This flat comprises: 2 bedrooms (1 ensuite), open plan living room / kitchen & bathroom*** *** Asset Management Instruction *** Excellent potential to increase rent and obtain a higher rental return*** This property is set within a highly desirable district and is sure to appeal to professional investors and astute property buyers ***priced to sell*** ***super location*** Perfect opportunity to acquire a discounted property and release value through obtaining vacant possession or increasing the rent*** Skelmorlie, a popular coastal village and neighbouring Wemyss Bay offer a range of amenities, recreational facilities and travel links to Glasgow by bus, train and an upgraded road network.
Skelmorlie is well placed for regular ferry services operating from nearby towns, local amenities include primary schooling, a golf course and a bowling club.
There are a selection of restaurants and hotels in nearby Largs, the bustling holiday town which is only 4 miles to the south.
Skelmorlie and Wemyss Bay have an extensive range of local facilities and shops including a renowned butcher and deli, a primary school and local golf course.
The two villages are well served by commuter links with a rail service from Wemyss Bay to Glasgow Central and a good road network with the A78 and M8 giving access to Glasgow Airport and Glasgow to the north, and the Ayrshire coast to the south.
Wemyss Bay also has a ferry terminal with a connection to Bute and 33 miles to the south is Prestwick Airport.
The Clyde coastline is famous for its sailing opportunities and locally there are highly regarded Marinas.
Guide price: £85,000 To view legal documents for all properties, and to register for our online auctions please visit our website. Purchases are subject to a Buyer's Premium.
There may also be additional fees on certain properties. Please refer to the Articles of Roup / Special Conditions in the Legal pack to confirm.
Please note that as per the Estate Agents Act 1979 the vendor of the property is a connected party.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
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Returns
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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.
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