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1 bedroom flat for sale
Old Mill Road, Kilmarnock, Ayrshire, KA1
£61,000
Old Mill Road, Kilmarnock, Ayrshire, KA1
£61,000
Our Summary
- This 1 bedroom flat in Kilmarnock offers a prime investment opportunity
- Investment Details: The property currently generates an annual gross income of £7,200 which has the potential to be increased to a market rate of £8,640 with the current tenants in place
- For further details on the property's investment potential, please refer to the attached Let Property Pack
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
Description
This one-bedroom flat in Kilmarnock presents a prime investment opportunity, offering a current tenant and valuable amenities in close proximity. The well-maintained property features a spacious bedroom, three-piece bathroom, modern lounge, kitchen, and rear garden space. With a current annual gross income of £7,200, there is potential to increase this to £8,640 with the current tenants in place. Considering the purchase price, this investment offers a substantial opportunity for investors seeking to expand their portfolio, with the added benefit of a committed tenant who has consistently paid rent and has no intention of relocating.