Flat for sale in Old Mill Road, Kilmarnock KA1

Tenanted 1 bedroom buy-to-let property in Kilmarnock only a short walk from the town centre. This main door investment property comprises a hallway, living room, kitchen, double bedroom, and shower room with shower cubicle, wash basin and WC. The property benefits from a town centre location, gas central heating, double glazing, and is fully compliant for the rental market.

The property is being sold with the tenants in situ as a buy-to-let investment property. The property is fully compliant and the tenant has been resident since July 2020 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £4,200 which represents an immediate yield of 9.3% and a potential yield at current market rental rates of 11.3%. The property is sold as seen and the sale price includes all the inventory items. The Home Report value is £45K.

Kilmarnock is a town in East Ayrshire situated in southwest Scotland with a population of approximately 47,000. The train from Kilmarnock to Glasgow Central takes approximately 37 minutes and the travel time by car is around 30 minutes.