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2 bedroom flat for sale
64, Dean Street, Flat 6, Kilmarnock, KA31EL
£44,000
64, Dean Street, Flat 6, Kilmarnock, KA31EL
£44,000
Our Summary
- ** SALE BY AUCTION - 10 July 2025 - Timed Online Auction **ENHANCED TERMS OFFERED ON THIS LOT
- Auction Details10 July 2025, 10am-3pm Timed Online AuctionHow to Bid Now Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY
- Future Property Auctions - Scotland's Largest Land and Property Auction House
- Contact Us now for a FREE Auction Valuation
Description
This is a two-bedroom first-floor flat located in a prime area of Kilmarnock, within walking distance to the town centre. The property is currently tenanted, with a monthly rent of £495, generating an annual income of £5,940 and a yield of 10.8%. The flat features an open-plan living room and kitchen, two bedrooms, one en-suite shower room, and a separate bathroom. It has UPVC double glazing and mains gas central heating, as well as off-street parking. The property is expected to increase in rental income to £550 per month at the next rent review, providing a 12% yield. The location is highly sought after, with easy access to local amenities, transport links, and schools. The property is being sold through a timed online auction on July 10, 2025, with enhanced terms offered, including a reduced buyer's fee of 1% of the sale price.