Summary - 18, WITCHKNOWE AVENUE, KILMARNOCK KA1 4LQ
2 bed 1 bath Apartment
Auction lot offering strong advertised rental yield for hands-on investors.
Upper-floor two-bedroom apartment with large private garden
This upper-floor two-bedroom flat in Riccarton, Kilmarnock is offered for sale at auction and presents a clear investment opportunity. At the Home Report value of £45,000 and an indicated rental estimate of £675 pcm, the property shows a strong advertised gross yield (18%) for buy-to-let portfolios. The building dates to the mid-20th century and benefits from double-glazed uPVC windows and external doors.
Accommodation comprises entrance hall, lounge, kitchen, bathroom and two large bedrooms, plus access to a large private garden. The EPC rating is D. Local transport links are good for the area, with direct rail to Glasgow, regular buses and access to the M77. Mobile signal and broadband speeds are reported as excellent and fast, which supports rental demand.
Buyers should note material drawbacks: the surrounding area is classified as very deprived and described as ‘challenged transitionaries’/’challenged white communities’, which may affect long-term capital growth and tenant profiles. The tenure is unknown and the property will be sold at auction, so purchasers must confirm title, occupancy and any Scottish Repairing/management liabilities before bidding. The Home Report cover alone was supplied; interior condition, layout dimensions and precise garden size require review of the full report and inspections.
This lot will suit an experienced investor or a hands-on buyer prepared to manage or refurbish a property in a challenging neighbourhood. It offers short-term rental income potential but requires due diligence on tenure, condition and local market dynamics before purchase.
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