Summary - 37 Waterside Street, Kilmarnock, Ayrshire, KA1 KA1 1RJ
2 bed 1 bath Flat
Income-producing two-bedroom flat in central Kilmarnock with refurbishment upside.
Tenanted two-bedroom flat — immediate rental income
This two-bedroom, freehold flat on Waterside Street is offered as an income-producing investment with a tenant in situ, delivering immediate rental return. Located close to Kilmarnock town centre, the property benefits from strong local amenities, fast broadband and good transport links into Glasgow and surrounding towns. The communal areas are reported well kept and no urgent works are required at present.
The flat sits in a late-Victorian red brick/sandstone building that carries period charm and clear scope for value uplift through carefully targeted modernisation. While the interior is described in good condition, older buildings can show localized issues; the exterior imagery indicates potential damp risk in places and the property may benefit from cosmetic or fabric improvements to increase long-term appeal and rent level.
This opportunity suits buyers seeking an affordable, cash-flowing asset with renovation upside. Note the surrounding area is classified as very deprived with hard-pressed flat-dwelling communities — this supports steady rental demand but can limit capital growth and affect tenant profile. Tenant remains in place, so purchasers should expect limited immediate vacant possession control.
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