Auction House Scotland is delighted to bring to market “The Cheapest House in Ayrshire*” – an exceptional opportunity for buyers, investors, and renovators alike. 46 Balfour Court, Kilmarnock, a three-bedroom mid-terraced property with enormous value-adding potential, will go under the hammer at 2pm on Thursday 27th November.
Located just two miles from Kilmarnock town centre, this spacious two-storey home is perfectly positioned for access to local amenities, schools, and transport links. Accommodation on the ground floor includes a lounge, dining area, kitchen and study with three bedrooms and a family bathroom on the upper level. The property further benefits from gas central heating, double glazing, and a generous enclosed rear garden.
Requiring a programme of refurbishment - the home is priced to reflect the necessary works – this property offers a rare chance to secure an affordable project with strong potential. Once modernised, rental investors could expect a potential post-works rental income of approximately £6,760 per annum (LHA), although tenant demand could potentially produce even greater levels of income. Similar properties are currently on the market for around £9,000 per annum*.
The property is also a fantastic opportunity for owner-occupiers seeking a budget-friendly route to creating a personalised family home.
Mandi Cooper, Managing Director of Auction House Scotland said: “With a guide price under the Additional Dwelling Supplement threshold and huge scope to add value, this property would make a fantastic renovation project for an investor or a landlord looking to add to their rental portfolio. With demand for affordable homes continuing to rise, we also expect strong interest from first-time buyers ready to take on a renovation project. Given its price point and potential, viewing is strongly advised.”
For further information about buying or selling at auction, contact Auction House Scotland on 0141 339 4466 or click here.
* Source: RightMove website, 20th November 2025.
