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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% yield Potential to increase rent Perfect buy to let portfolio addition High demand rental location Popular commuter town Bid now
- To avoid missing out Low cost investment opportunity offering potentially excellent yield
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Description
This tenanted one-bedroom property in Newmilns is a great addition to a buy-to-let portfolio, offering an attractive yield of 12.8%. The property is currently rented out for £349 per month, with potential to increase the rent to around £425-£450 per month. Located in a popular commuter town with good links to Kilmarnock and Glasgow, the property is well-positioned for investors.
The property itself is comprised of an entrance hallway, double bedroom, bathroom, and open-plan living room and kitchen. With a current rental income of £4,188 per annum, this property presents a low-cost investment opportunity with the potential for excellent returns.