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No longer on the market

This property is no longer on the market

EPC

2 bedroom flat

Flat
2 beds
1 bath
828
EPC rating: E
Added > 14 days

Key information

TenureFreehold
Council taxAsk agent
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Buy-to-let Investment
  • Tenanted & Fully Compliant
  • 2 Bedrooms
  • Home Report £65,000
  • Current rental £500pm
  • Current Yield 9.7%
  • EPC Rating E
  • Unfurnished Let
  • No buyer fees

An excellent opportunity to purchase a tenanted buy-to-let investment property located in the popular town of Kilmarnock, East Ayrshire. Arranged over the ground and lower ground floors of a traditional tenement dating back approximately 120 years, the flat offers spacious accommodation extending to 70 sq m. The accommodation comprises, on the ground-floor of a hallway, two bedrooms, a dressing room, and an internal three-piece shower room suite. The lower ground floor has a hallway, living room, and fitted kitchen.

The property is being sold with the tenants in situ as a buy-to-let investment property. The property is fully compliant, and the long-term tenant has been resident since 2021, providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £6,000, which represents an immediate yield of 9.7%. The property is sold as seen, and the sale price includes all the inventory items. The Home Report value is £65K.

Kilmarnock is one of Ayrshire’s most accessible and affordable buy-to-let locations, offering excellent value for money compared with Scotland’s major cities. With strong transport links to Glasgow, steady tenant demand from local families and commuters, and ongoing regeneration boosting the town centre and local economy, Kilmarnock provides investors with the opportunity to achieve attractive rental yields at a relatively low entry cost. The combination of affordability, consistent demand, and long-term growth potential makes it a smart choice for buy-to-let investment.

Property information from this agent

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About this agent

Portolio - Edinburgh
Portolio - Edinburgh
34 South Gyle Crescent, Midlothian, Edinburgh EH12 9EB
0131 268 1210
Full profileProperty listingsHome Report
Our Story Experience counts for everything in the property industry. Thankfully we have decades of it here at Portolio – all of which we’ve used to create the estate agent for landlords. From their time running letting agencies, our co-founders Chris Wood and Ross MacDonald could see a better way to sell tenanted properties from landlord to landlord, generating rental income from the first day of ownership for buyers, to the last day of ownership for sellers. They know what tenants want, what buyers want, and what sellers want. Tenants want security in their home. Buyers want a tenant as well as a property. And sellers want income up to the day of transfer, no hassle and an efficient solution. That’s Portolio – the win, win, win.
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