Outstanding Investment opportunity. Main door flat in a preferred first floor position in excellent location close to the heart of Kilmarnock, offering significant potential to add value through refurbishment.
Starting bid: £9,000.00
Item condition: New
Auction has not been started yet.
Start On: October 14, 2026 10:00 am
Ending On: October 14, 2026 2:00 pm
Are you considering selling a house, a flat, land or a commercial property?
Tell us a bit about it and we can give you an almost instant, FREE, no obligation auction valuation.
Outstanding Investment opportunity. Main door flat in a preferred first floor position in excellent location close to the heart of Kilmarnock, offering significant potential to add value through refurbishment.
An excellent opportunity for investors, developers and property traders seeking a low-cost project for resale or retention.
Accommodation comprises a combined lounge/bedroom, separate kitchen and bathroom. The property requires refurbishment.
Some major works have already been completed with plastering already completed where required and significant roof repairs undertaken. A blank canvas with scope to upgrade the accommodation and realise the massive level of potential.
Located close to Kilmarnock town centre, bus station and college, with easy access to the train station. Major employers in the surrounding area include Crosshouse Hospital, while road and rail connections provide access to Glasgow.
The area enjoys an extremely strong rental demand and following refurbishment the property should easily achieve a rental income of £400- £450 per month (£4,800- £5,400 per year) giving an outstanding return on investment.
The low guide price and works already undertaken make this a strong prospect for buyers looking to add value through refurbishment, whether trading on completion or retaining as a rental investment.
Property of this type at this price point is rarely available in in fast growing and highly desirable town like Kilmarnock so interest is certain to be high.
Kilmarnock has recorded strong recent house price growth, with average prices rising 7.2% in the year to July 2026, outperforming the Scottish average of 2.3%. An attractive market for investors seeking opportunities to add value through refurbishment.
This has been driven by the number of new developments and excellent access to Glasgow, Ayr and Prestwick International Airport.
Nearby Kilmarnock train station offers hourly services to Glasgow and frequent services to Ayr.
Kilmarnock boasts of a large bus station offering alternative routes in and out of Kilmarnock all across Ayrshire and beyond.
This makes Kilmarnock an appealing central hub for commuters and students alike to be able to easily access many different facilities and opportunities while still having many amenities and attractions right on their doorstep.
Recent Sales Prices:
22 Old Mill Road – April 2026 – £50,000
Flat 1 10 Old Mill Road – Nov 2025- £53,000
40D Old Mill Road – Sept 2025 – £38,000
40F Old Mill Road – July 2025 – £41,500
This lot will be sold under auction terms and conditions by Braveheart Auctions.
Speak to one of our dedicated team today for more information or visit our website.
Be Brave…Follow Your Heart
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. Or speak to us about a FREE auction valuation.
The seller of this lot has indicated that pre-auction offers will be considered. An offer can be submitted by click on the button below and completing the form.
A member of our sales team will contact you following the submission of your offer. If your offer is accepted then you will pay the required deposit to secure the lot today.
