Morton Place, Kilmarnock KA1 2 bed flat for sale

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Morton Place, Kilmarnock KA1 2 bed flat for sale

Morton Place, Kilmarnock KA1
£62,000

Price History

Initial price £64,995
27/09/25 £62,000
Price Change -4.61%

Description

This tenanted buy-to-let property in Kilmarnock, East Ayrshire, offers a unique investment opportunity. The traditional tenement flat, dating back 120 years, boasts spacious accommodation over two floors, including two bedrooms, a dressing room, and a shower room on the ground floor, and a living room and fitted kitchen on the lower ground floor. The property is being sold with the long-term tenant in situ, who has been resident since 2021, providing a steady annual rental income of £6,000, which represents an immediate yield of 9.7%. The property is fully compliant and includes all inventory items. Kilmarnock is an attractive location for buy-to-let investors, offering strong transport links to Glasgow, steady tenant demand, and ongoing regeneration, making it an excellent choice for those seeking attractive rental yields at a relatively low entry cost.