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10 bedroom flat for sale
High Glencairn Street, Kilmarnock KA1
£300,000
High Glencairn Street, Kilmarnock KA1
£300,000
Price History
Initial price | £325,000 |
14/11/23 | £300,000 |
Price Change | -7.69% |
Description
This is a rare opportunity to acquire a fully let and professionally managed building with significant tax savings. The property is currently generating £28,200 per annum in rent, with a yield of 9%, and has the potential to earn an additional £11,800 per annum. The property is managed by a local agent and is fully compliant, with all rent paid up to date. Due to the property being sold as a portfolio, there are no home reports, but the ad notes a tax saving of over £35,000. The rent schedule and leases are available upon request, and the properties are being sold with sitting tenants in situ. This is an excellent opportunity for a buy-to-let investor to purchase a ready-to-let investment in the desirable area of Kilmarnock, with access to a range of amenities and transport links.