Guide Price £35,000.00
Guide Price £35,000
***GOING TO ONLINE AUCTION***
Brighton & Beck offer to online auction an excellent opportunity to acquire two residential flats within a traditional red sandstone block in Galston, Ayrshire. The property comprises one substantial three-bedroom duplex apartment, together with a separate unit currently in shell condition, offering potential for conversion into a one-bedroom flat, subject to all necessary consents and completion of required works.
The properties are in need of refurbishment throughout and are likely to appeal to builders, developers and investor purchasers seeking a project with clear value-add potential. Once upgraded, the units could provide attractive resale or rental accommodation within this sought after rental location.
The larger duplex apartment offers generous room proportions across two levels, with accommodation including a spacious lounge, kitchen with feature stone wall, bathroom and three bedrooms. The property retains a number of traditional features, including high ceilings, large window openings and period proportions, while requiring a programme of modernisation and repair. The second flat is currently presented as a shell and requires full refurbishment. Subject to layout, services, building standards and any required permissions, it offers potential to be reinstated as a compact one-bedroom residential unit. Given the nature of the accommodation, the asset offers a number of possible exit strategies following refurbishment, including individual resale, long-term rental investment, or a great addition to any residential portfolio.
AREA
Galston is an established East Ayrshire town located within the Irvine Valley, approximately 5 miles east of Kilmarnock. The town provides a range of local amenities, including shops, schooling, leisure facilities and transport links, with wider retail, employment and transport options available in nearby Kilmarnock.
The area has seen increased attention in recent years through regeneration and investment activity. East Ayrshire Council has identified town centre regeneration as a key priority, with a focus on creating thriving town centres with retail, services, improved public realm and accessible local facilities. Galston has been part of this wider programme, including town centre redevelopment activity and ongoing investment into prominent buildings and local infrastructure.
Recent investment in Galston includes the major restoration of Galston Town Hall, reported as a £3.45 million project designed to bring a prominent historic building back into public use and support community, learning and skills activity. There has also been commercial investment locally, including activity at Loudoun Retail Park, where national occupiers have been reported as taking space, supporting employment and footfall in the town.
These improvements, together with Galston’s affordability compared with larger surrounding towns, should support continued interest from homeowners, tenants and investors seeking value within a well-connected Ayrshire location.
Important Note
The latest published guide price is displayed on the website. The reserve price is the minimum price at which the property may be sold. The guide price represents the minimum price at which the seller may be prepared to sell on the date the guide price is published.
Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted “subject to contract.” The reserve price may be higher than a previously quoted guide price. The guide price will be published online as soon as it becomes available. Lots may be sold or withdrawn prior to the auction.
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