1-bed apartment for sale

Kilmarnock

1 bedroom1 bathroom

33.567 €

Listed Oct 26, 2026

About this listing

Exciting Investment Opportunity - Buy-to-Let Property in Kilbirnie An excellent opportunity to acquire a one-bedroom ground-floor main door flat in the heart of Kilbirnie, offering immediate rental income with a sitting tenant paying £425 per calendar month (£5,100 per annum). A new tenancy commenced on 22 October 2026. The seller has confirmed that rent payments are up to date and all required safety certificates are in place. The property offers spacious accommodation throughout, comprising a lounge, kitchen, double bedroom and bathroom, alongside cellar access providing additional storage and its own rear garden. Further benefits include double glazing and gas central heating, exterior improvements and a convenient central location. With a tenant already in situ, this property offers investors the opportunity to acquire an income-generating asset from completion, subject to the terms of the tenancy and the usual legal checks. At the current rental of £425 PCM, the property generates an annual rental income of £5,100. Based on the guide price of £26,000, this represents a potential gross rental yield of approximately 19.62%, before purchase costs, maintenance, insurance and other expenses. There may also be potential to explore alternative commercial use, including retail, beauty or a Class 3 hot food business, subject to the necessary planning permission and any other required consents. The indicative rental potential for such a use has been estimated at £910 PCM (£10,920 per annum), although this would require further investigation and is not guaranteed. Kilbirnie is a popular Ayrshire town offering a range of local amenities and transport links. Glengarnock railway station provides connections for commuters, while Glasgow is approximately 24 miles away. Nearby amenities include a large Tesco supermarket, Boots and a variety of local retail and leisure facilities. This lot will be sold under the auction terms and conditions of Braveheart Auctions. For further information or to discuss this investment opportunity, speak to one of our dedicated team or visit our website. Braveheart Auctions hold land and property auctions every two weeks. Do you know someone with a problem property? Pass the details to Braveheart Auctions and speak to us about earning a referral fee when the property sells. This lot will be sold under the auction terms and conditions of Braveheart Auctions. For further information or to discuss this investment opportunity, speak to one of our dedicated team or visit our website. Braveheart Auctions hold land and property auctions every 2 weeks. Do you know someone with a problem property? Pass the details to Braveheart Auctions- We will sell it and we will pay you for the referral.

What's included

Cellar

Location

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Listed on

Rightmove

33.567 €