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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 2
  • Council Tax: Search

SUPER INVESTMENT PROPERTY*****TWO BED FIRST FLOOR FLAT Current tenant in place paying £495 per month (£5,940pa) PRIME LOCATION within walking distance to Kilmarnock town centre. SUPER RENTAL LOCATION

Compromises: Entrance hallway leading to a bright and airy open plan living room and kitchen area, two bedrooms, one en-suite three piece shower room and a separate internal three piece bathroom

The property benefits from UPVC double glazing and mains gas central heating. The property further benefits from off street parking to the rear of the property.

*** Rental income *** £495 pm / £5,940 pa / 10.8% yield against guide price*** Additionally, this property will look to bring in £550 PCM at the next rent review which would then be a 12% yield.

SUPER RENTAL LOCATION close to Town Centre. Kilmarnock town centre offers a range of shops, supermarkets, and services within walking distance. TENANCY DEMAND.

SUPER INVESTMENT PROPERTY*****TWO BED FIRST FLOOR FLAT Current tenant in place paying £495 per month (£5,940pa) PRIME LOCATION within walking distance to Kilmarnock town centre. SUPER RENTAL LOCATION Compromises: Entrance hallway leading to a bright and airy open plan living room and kitchen area, two bedrooms, one en-suite three piece shower room and a separate internal three piece bathroom. The property benefits from UPVC double glazing and mains gas central heating. The property further benefits from off street parking to the rear of the property. *** Rental income *** £495 pm / £5,940 pa / 10.8% yield against guide price*** Additionally, this property will look to bring in £550 PCM at the next rent review which would then be a 12% yield. SUPER RENTAL LOCATION close to Town Centre. Kilmarnock town centre offers a range of shops, supermarkets, and services within walking distance. TENANCY DEMAND.

Dean Street, Kilmarnock is a residential area situated just north of Kilmarnock town centre in East Ayrshire, Scotland. The street features a mix of housing types and offers convenient access to local amenities and transport links. Nearby secondary schools include St Joseph's Academy (approximately 0.5 miles away) and Kilmarnock Academy (approximately 0.9 miles away). StreetCheck The closest GP practice is Marnock Medical Group, located about 860 yards from Dean Street. Kilmarnock town centre offers a range of shops, supermarkets, and services within walking distance. Kilmarnock is a historic town in East Ayrshire, Scotland, located approximately 22 miles (35 km) southwest of Glasgow. As of mid-2020, it had an estimated population of 46,970, making it the largest town in Ayrshire and the 14th most populated settlement in Scotland.

Full Address: 64 Dean Street, Flat 6, Kilmarnock, KA3 1EL

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Map & Location

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Tenancy Details

Type of Agreement: Short Assured Tenancy (SAT)
Length: ROLLING RENEWALS
Rent: £5,940 per year / £495 per month
Yield: 18% (approx)
Tenant: Private Individual
Notes: Tenanted at £495PCM

Document Downloads

Home Report (Pending) Legal Pack (Available)

Pricing Information & Bidding

Opening Bid: £33,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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SPECIAL Terms of Sale

  • 10% Deposit
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
  • 4 Weeks Completion or Longer By Agreement
  • Contribution to Sellers Costs £2,750 for on time settlement

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

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Auction Details

Date & Time: 22 May 2025, 10am-3pm
Type: Timed Online Auction

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