FOR SALE BY ONLINE AUCTION THURSDAY 27TH JULY 2023 AT 9.00AM. Entire first and second floor of tenement in Kilmarnock. Previously converted into office units, with planning permission to convert back to 4 x 1 bedroom flats. Incredible development opportunity.
There are two floors with two units on each floor. The two units on the second floor are combined via the internal hallway.
Unit a - Hallway, Storage Cupboard, Main Room (Living Room), Secondary Room (Bedroom) with Storage Cupboard, W/C
Unit b - Hallway, Storage Cupboard, Main Room (Living Room) with Storage Cupboard, Secondary Room (Bedroom), W/C, Box Room
Unit c - Hallway, Storage Cupboard, Main Room (Living Room), Secondary Room (Bedroom) with Storage Cupboard, W/C
Unit d - Hallway, Storage Cupboard, Main Room (Living Room), Secondary Room (Bedroom), W/C
Potential end-market rental income as 1 bedroom flat in the region of £XXXcm, providing £1,XXXcm with all 4 units converted and occupied.
Nearby Sales include:
- 104 Titchfield Street - sold for £58,000 Apr 23
- 27 Titchfield Street - sold for £68,000 May 22
- 1 Titchfield Street - sold for £80,200 Mar 22
- 25 Titchfield Street - sold for £110,000 Jul 20
Kilmarnock is the administrative district for East Ayrshire and is one of Scotland’s most populated districts. The town is well serviced with primary, secondary & further education facilities. Transport links are fantastic with Train Station & The upgraded M77 Motorway linking both Glasgow City Centre & Prestwick International Airport with the local areas making Kilmarnock a popular commuter district. The town has a population of roughly 46,770 with a strong tenant base. With the nearby Kilmarnock campus of Ayrshire College and the University of the West of Scotland in the neighbouring town of Ayr, there will be plenty of students looking for accommodation.
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All prices quoted are exclusive of VAT.