Sitting tenant with scope to improve and increase rental value.
Sitting tenant in place producing £425 pcm
This traditional first-floor flat is offered with a sitting tenant currently paying £425 pcm, making it a ready income stream for investors. The property sits in a Victorian terrace close to Kilmarnock town centre, train station and local amenities, and is sold freehold with no chain.
Internally the flat retains period features such as high ceilings and sash windows, with a large lounge, fitted kitchen, two bedrooms and a modern bathroom. At about 469 sq ft overall the accommodation is compact but practical; there is a large communal rear garden, external storage and ample on-street parking.
The property presents clear scope to improve and add value through cosmetic updating or targeted refurbishment. It is located in an area classified as ageing urban communities within a wider challenged transitionaries zone, and local area deprivation is high — factors investors should weigh against purchase price and rental income potential.
Practical positives include freehold tenure, cheap council tax (Band B), fast broadband and excellent mobile signal. Drawbacks to note: small overall size, limited kitchen footprint, and the flat is being sold with a sitting tenant, so immediate vacant possession cannot be guaranteed.
2 bedroom flat for sale in Morton Place, Kilmarnock, KA1 — £62,000 • 2 bed • 1 bath • 753 ft²
1 bedroom flat for sale in Old Mill Road, Kilmarnock, Ayrshire, KA1 — £63,999 • 1 bed • 1 bath • 517 ft²
2 bedroom flat for sale in 25 Waterside Street, Kilmarnock, Ayrshire, KA1 — £65,000 • 2 bed • 1 bath
1 bedroom apartment for sale in Fullarton Street, Kilmarnock, East Ayrshire, KA1 — £35,000 • 1 bed • 1 bath
2 bedroom flat for sale in Waterside Street, Kilmarnock, Ayrshire, KA1 — £65,000 • 2 bed • 1 bath
1 bedroom flat for sale in Glebe Road, Kilmarnock, Ayrshire, KA1 — £32,340 • 1 bed • 1 bath • 407 ft²


































