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1 bed flat
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Price History
Our Summary
- Low cost investment opportunity offering potentially excellent yield
- Potential to increase rent
- The current tenant is paying £349 per month with scope to possibly increase to around £425-£450 pcm
- *This lot will be sold under auction terms and conditions by Braveheart Auctions
- 8% yieldPotential to increase rentPerfect buy to let portfolio additionHigh demand rental locationPopular commuter town Bid now
- To avoid missing outLow cost investment opportunity offering potentially excellent yield
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Description
This one-bedroom property in Newmilns is currently tenanted, generating £349 per month (£4,188 per annum) and offering an attractive yield of 12.8%. The flat features an entrance hallway, double bedroom, bathroom, and open-plan living room and kitchen. With the potential to increase the rent to around £425-£450 per month, this property presents a great opportunity for buy-to-let investors.
Located in a popular commuter town with good links to Kilmarnock and Glasgow, this property is well-positioned to attract tenants. The current tenant is paying a reasonable rent, making it an attractive addition to a buy-to-let portfolio.