2 bedroom flat for sale

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2 bedroom flat for sale

64, Dean Street, Flat 6, Kilmarnock, KA31EL
£24,000

Price History

Initial price £30,000
16/07/25 £24,000
Price Change -20.00%

Description

This property is a two-bedroom first-floor flat located in a prime area of Kilmarnock, within walking distance to the town centre. The flat has an open-plan living room and kitchen area, two bedrooms, one en-suite shower room, and a separate bathroom. It benefits from UPVC double glazing, mains gas central heating, and off-street parking. The current tenant pays £495 per month, generating a 10.8% yield against the guide price, and the property is expected to increase to £550 per month at the next rent review, resulting in a 12% yield. The flat is situated in a sought-after location, close to local amenities, schools, and transport links, making it an attractive investment opportunity. The property will be sold at auction on July 17, 2025, with enhanced terms offered, including a reduced buyer's fee of 3% of the sale price (minimum £2,500).