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Guide Price

£125,000

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46 Wellington Street, Kilmarnock, KA3 1DN

Residential

flat

Vacant

6

bed

6

bath

1

reception

Freehold

High Potential Residential Opportunity

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Deadline for offers

3 days left

Description

  • PRIME NEW LISTING. We are excited to present this rare residential opportunity, featuring two self-contained flats, located within a prime location in Kilmarnock. Home Report of £160,000

  • **23 Braehead Court, Kilmarnock KA3 7AB sold for £220,000 in March 2025** **John Finnie Street, Kilmarnock KA1 1DD sold for £233,120 in April 2022**

  • This property presents a potentially excellent opportunity for serviced accommodation. With rates for similar properties in the area starting from around £170 per night, and at 80% occupancy per month, the unit could achieve £3,619 PCM (£43,435 P/A). Secured at the guide price, this would generate an incredible gross yield, subject to the necessary planning permissions.

  • Offered vacant, this property provides the perfect canvas for light modernisation. It is ideally suited for first-time buyers or families seeking a new home, as well as investors looking for a promising property with strong rental potential in a sought-after area.

  • Situated near a host of local amenities such as parks, restaurants, and coffee shops, and within proximity to schools and public transport, this property offers convenience and accessibility, greatly enhancing its appeal for potential occupiers.

PRIME NEW LISTING. We are excited to present this rare residential opportunity, featuring two self-contained flats, located within a prime location in Kilmarnock. Home Report of £160,000

The property comprises a spacious ground floor converted and extended flat within a two-storey and attic former villa, now accommodating two charming flats.

This property presents a potentially excellent opportunity for serviced accommodation. With rates for similar properties in the area starting from around £170 per night, and at 80% occupancy per month, the unit could achieve £3,619 PCM (£43,435 P/A). Secured at the guide price, this would generate an incredible gross yield, subject to the necessary planning permissions.

Offered vacant, this property provides the perfect canvas for light modernisation. It is ideally suited for first-time buyers or families seeking a new home, as well as investors looking for a promising property with strong rental potential in a sought-after area.

Situated near a host of local amenities such as parks, restaurants, and coffee shops, and within proximity to schools and public transport, this property offers convenience and accessibility, greatly enhancing its appeal for potential occupiers.

The property is being offered at a fantastic discount to ensure a sale, appealing to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**23 Braehead Court, Kilmarnock KA3 7AB sold for £220,000 in March 2025** **John Finnie Street, Kilmarnock KA1 1DD sold for £233,120 in April 2022**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

Location

Kilmarnock is a vibrant town in East Ayrshire, Scotland, known for its rich history and community spirit. It offers a mix of cultural attractions, green spaces, and a thriving local economy. With excellent transport links to Glasgow and beyond, it is an ideal location for families and professionals.

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Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£18,500

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.