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Kilmarnock, KA1

UNDER OFFER|£49,000|Ground Flat | 1 bedroom | Freehold|↓12.5% compared to last sold price
Approximate area: KA1
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Added on 29th April 2026 by Caledonia Portfolio, Glasgow
Sale agreed after 1 month, 26 days
Summary
Prime Investment Opportunity - Kilmarnock 1-bed flat on McLelland Drive, offering immediate rental income with a great tenant in place. Well-maintained with scope to modernise, presenting strong potential to increase both rental yield and capital value in a sought-after location
Price history
2013 £56,000
£48k£50k£52k£54k£56k201320182023May 26Jul 26Sep 26Asking £49,000
Sold pricesAsking price since listing
EPC data
Date of EPC: 18th September 2013 - Not valid!
EPC rating: D
Property age: before 1919
Rent data
4 properties with the same number of bedrooms and style in the same area to let
The asking rent ranges from £495 to £525 which represents a yield of between 12.1% and 12.9% if buying at the asking price
A yield of 13.5% to 14.3% if purchased for 90% of the asking price (£44,100)
A yield of 15.2% to 16.1% if purchased for 80% of the asking price (£39,200)
Stamp duty
£
Main and only residence: £0.00
First-time buyer: £0.00
Buy-to-let: £2,450.00
Planning applications
Checking for planning applications…
Changes to property since tracking began
On 24th June 2026 the status was changed from FOR SALE to UNDER OFFER
On 9th June 2026 the style was changed from Flat to Ground Flat
On 9th June 2026 the asking price was reduced from £50,000 to £49,000
On 5th June 2026 the asking price was reduced from £52,000 to £50,000
On 26th May 2026 the asking price was reduced from £53,000 to £52,000
On 18th May 2026 the asking price was increased from £50,000 to £53,000