8 bed block of flats for sale

50 Merrick Drive, Dalmellington, Ayr, Ayrshire KA6

For sale by online auction Wednesday 18th of June 2025 at 9.00AM - ***excellent, rare investment opportunity***investment portfolio for sale 8 x one bedroom flats, merrick drive, dalmellington***massive potential annual rental yield of 44% (based on market value rent)***popular, well established residential area***

***We are pleased to present to the market an excellent investment opportunity comprising eight one-bedroom flats, situated within a well-established residential area in Merrick Drive, Dalmellington. This portfolio offers an immediate and stable income stream, making it ideal for investors seeking a high-yield, low-maintenance addition to their portfolio.***

***key highlights***

- 8 x One-Bedroom Flats: Well-proportioned and self-contained units, Each apartment comprises entrance hall, lounge, kitchen, bedroom and bathroom/shower room.

- massive potential annual yield (based on market value rent and guide price) : Huge 44% annual yield based on a market rental rate of £575 per month (£6,900 per annum) for a one bedroom flat in the area, and based on guide price. (£125,000 guide price for the portfolio of 8 bedrooms, total rent per annum of all eight flats potentially £55,200).

- Freehold Title: Both blocks are offered on a freehold basis, simplifying management and reducing ongoing costs.

- Low Management Overheads: Identical unit types and one location make this a highly efficient portfolio to manage.

- Established Residential Location: Positioned in a quiet cul-de-sac with good local amenities and transport links. Close to Ayr and the A713, with access to Galloway Forest Park and surrounding countryside.

***This is an ideal turnkey investment for landlords looking to scale or diversify, or for funds seeking strong performing residential assets in an affordable, high-demand rental area.***

***recent nearby residential property sales***
- 5 Belston Holdings, Ayr, KA6 5JD - sold Feb'25 - £382,000
- Hole Farm, Coylton, KA6 6HJ, 4 bedroom - sold Feb'25 - £300,000
- Kyleview, Manse Road, Coylton, KA6 6LD - 3 bedroom - sold Feb'25 - £325,000

Dalmellington is a market town and civil parish in East Ayrshire, Scotland. Dalmellington has a population of around 1,400. Local shops, including grocery stores and convenience shops, cater to residents and visitors alike. For a broader range of shopping options, the nearby towns of Ayr and Kilmarnock offer supermarkets, retail outlets, and specialty stores.

Ayr is 15 miles away and is Ayrshire's foremost town and as such offers a good range of high street shops, supermarkets, recreational and professional facilities. In addition, there are a number of well-renowned restaurants and excellent private schooling at Wellington School for children of age 3 to 18. Local Primary and Secondary schools are available nearby.

Local Bus Services
Dalmellington is served by several bus routes connecting it to nearby towns and cities:

Route 52: Connects Dalmellington to Bellsbank.

Route 352: Runs between Dalmellington and Ayr.

Route 356: Links Dalmellington with Cumnock.

Route 520: Provides service to Castle Douglas.

The primary bus stop in Dalmellington is located on Croft Street, which is centrally situated and easily accessible. The first bus service typically starts around 05:48, and the last bus departs at approximately 23:05.

Travel from Glasgow
While there isn't a direct train to Dalmellington, you can reach the town via a combination of train and taxi:

Train to Ayr: Depart from Glasgow Central Station to Ayr and then by taxi to Dalmellington. Alternatively, driving from Glasgow to Dalmellington covers about 49 miles and takes around 58 minutes.

The village has two schools within the "Doon Campus": Dalmellington Primary School and Doon Academy.

Dalmellington Craigengillan Curling Club is the oldest constituted club in Dalmellington; it was formed on 3 December 1841 in the Black Bull Hotel and has continued unbroken since. In 2004 the members reinstated the outside curling pond at Craigengillan, this is the only self levelling curling pond in Scotland.

Dalmellington Band is based in the village of Dalmellington and it is one of Scotland's oldest Brass Bands and has been in the forefront of the movement since its formation in 1864. The band have had notable success in contests and have their name inscribed on every major competition trophy in Scotland, including three Scottish Championship wins. The band regularly provide music for: Concerts, gala days, weddings, church services, opening days, parades, background music and Christmas events. In 2014, the band celebrated its 150th year

Guide price - £125,000

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