1 bed Flat For Sale £30,000
Titchfield Street, Kilmarnock KA1

• Prime Property Auctions New Entry. Tenanted Investment Opportunity located in sought after buy to let location. * HOME REPORT VALUATION £45,000 *
• * 104 Flat G, Titchfield Street, Kilmarnock, Ayrshire KA1 1PH previously sold for £58,000, 104 Flat A, Titchfield Street, Kilmarnock, Ayrshire KA1 1PH previously sold for £56,500 *
• Property is currently tenanted £450 per calendar month. This produces a gross annual rental figure of £5,400.
• The property us professionally managed by a high street letting agent, with all certs in place.
• Sure to appeal to investors looking for a property to add to the portfolio providing immediate cashflow.

 

Prime Property Auctions New Entry. Tenanted Investment Opportunity located in sought after buy to let location. * HOME REPORT VALUATION £45,000 * Property comprises: First Floor: Hallway, Living Room, Kitchenette, Bedroom 1, Bathroom (bath, wash basin and wc).

Property is currently tenanted £450 per calendar month. This produces a gross annual rental figure of £5,400. This would generate a gross yield of 14.2% if achieved for Guide price of £38,000.

Property has a market rent of £475 - £525. Should rent be increased to this level it would generate a gross rental yield of 15% - 16.6% if achieved at Guide price of £38,000.

 

Local sales:

* 104 Flat G, Titchfield Street, Kilmarnock, Ayrshire KA1 1PH previously sold for £58,000, 104 Flat A, Titchfield Street, Kilmarnock, Ayrshire KA1 1PH previously sold for £56,500 *

 

Sure to appeal to investors looking for a property to add to the portfolio providing immediate cashflow. The property us professionally managed by a high street letting agent, with all certs in place.

Property has a Guide price of £38,000 and is sure to appeal to investors looking for a high yielding investment property.

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” button on our website.

This property is offered at a fantastic price to ensure an Auction sale.

The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

Location:

 

 

Kilmarnock in East Ayrshire, Scotland, boasts a diverse urban landscape with key areas contributing to its vibrancy. The town center is a bustling hub with commercial and civic facilities, while Bonnyton and Onthank offer residential tranquility to the northwest and west, respectively. Bellfield, northeast of the center, provides housing options and green spaces. Southcraigs, to the south, is a residential suburb, and Fenwick, north of Kilmarnock, adds its unique charm. Shortlees, to the east, is a residential community, and nearby Stewarton contributes to the town's overall character. Each area plays a distinct role in shaping Kilmarnock's identity and lifestyle.