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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 1
  • Council Tax: Search

TENANTED INVESTMENT OPPORTUNITY*** Good sized 1 bedroom flat in popular residential location within the thriving commuter town of Kilmarnock.

First floor property comprises Entrance hallway, large open-plan lounge and Kitchen, Double Bedroom and Bathroom. Currently LET at £462.54pcm (£5,550.48 Per Annum). ***IMMEDIATE RETURN ON INVESTMENT

Large shared garden to the rear. Extensively refurbished. New bathroom, kitchen and a new gas central heating boiler, with a 5 year guarantee.

SUPER LOCATION*** Highly sought after pocket of Kilmarnock within easy reach of Morrison's Supermarket, Town centre, College, Train Station and Bus Station.

Walking distance to a number of amenities including a range of restaurants and bars, transport links with both the bus station and train station. Walking distance of Kilmarnock Town Centre.

TENANTED INVESTMENT OPPORTUNITY*** Good sized 1 bedroom flat in popular residential location within the thriving commuter town of Kilmarnock. First floor property comprises Entrance hallway, large open-plan lounge and Kitchen, Double Bedroom and Bathroom. Currently LET at £462.54pcm (£5,550.48 Per Annum). ***IMMEDIATE RETURN ON INVESTMENT. Large shared garden to the rear. Extensively refurbished. New bathroom, kitchen and a new gas central heating boiler, with a 5 year guarantee. SUPER LOCATION*** Highly sought after pocket of Kilmarnock within easy reach of Morrison's Supermarket, Town centre, College, Train Station and Bus Station.

The property is well placed to service the local rental market and is in a popular residential area. Public transport facilities from the area include regular bus services with frequent rail travel from Kilmarnock Railway Station. There are good road links with easy access to recently upgraded M77 motorway network Glasgow and Ayr both approx. 30 minutes. Prestwick International Airport only 25 minutes. Leisure pursuits can be enjoyed at Dean Castle Country Park and the Galleon Leisure Centre. Kilmarnock has a population of 46,159 (Census 2011) and is located within East Ayrshire approximately 22 miles south of Glasgow, 13 miles north of Ayr and 7 miles east of Irvine connected by the A71 and A77 to M77 trunk roads.

Full Address: 27D North Hamilton Street, Kilmarnock, KA1 2QL

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Map & Location

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Tenancy Details

Type of Agreement: Basic Lease
Length: June 2027
Rent: £5,550 per year / £463 per month
Yield: 16% (approx)
Tenant: Private Individual
Notes: They currently pay £462.54 pcm, which increases each year 3-4%. Tenanted until June 2027 with the option to renew

Document Downloads

  Legal Docs (Pending)

* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

 * Click the above 'Pending' document link to log your request and we will notify you once available.

Pricing Information & Bidding

Opening Bid: £35,000

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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Terms of Sale

  • 10% Deposit (Minimum £3,000)
  • Standard Completion (Unless specified differently in any Special Conditions of Sale)
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer.

* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

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Auction Details

Date & Time: 07 May 2026, 10am-3pm
Type: Timed Online Auction

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