Summary - 44D, NEWTON STREET KA5 6RX
1 bed 1 bath Flat
Auction opportunity for an investor prepared to renovate and let quickly.
Freehold one-bedroom flat in Victorian terrace
Guide price £15,000; offered at livestream auction 27 Nov 2025
Sold without possession — buyer to take tenancy status as-is
Quoted LHA £4,487.60pa; guide-price yield stated circa 29% (verify independently)
Requires modernisation; no tests or warranties on services or fittings
Buyer’s Premium £1,250 + VAT likely payable on sale
Area classed very deprived; local shops nearby, Kilmarnock amenities accessible
Fast broadband, average mobile signal; small garden to maintain
A compact one-bedroom flat in a Victorian terrace on Newton Street, offered for sale at auction with a low guide price of £15,000. The self-contained accommodation is understood to include an entrance hallway, lounge, kitchen, bedroom and bathroom, plus a small garden. Fast broadband and basic local shops are nearby; Kilmarnock town centre is within reach for wider amenities.
This lot is presented as a refurbishment/investment opportunity. The listing quotes a Local Housing Allowance value of £4,487.60 per annum and states a potential yield of around 29% at the guide price; buyers should verify rental figures independently. The property will be sold without possession and is being offered at livestream auction on 27th November 2025 — registration to bid is required before 6pm on 26th November.
Buyers should note material considerations: the flat is in an area classed as very deprived and the accommodation is described as needing modernisation. No tests have been made of services, equipment or fittings and no warranty is given as to condition. A Buyer’s Premium of £1,250 + VAT may apply to the successful purchaser. Council Tax Band A, freehold tenure, and no flooding risk are recorded.
For an investor able to manage refurbishment and let in a lower-rent area, this property offers a very low entry price and potential gross rental return if LHA levels are achieved. For owner-occupiers seeking immediate move-in-standard accommodation, the property will likely require investment to modernise and improve services.
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