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3 bed property, in 122 Main Street, £50,000
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3 bed flat

122 Main Street, Newmilns KA16
Auction Planning
£50,000

Our Summary

  • We are excited to present this excellent refurbishment opportunity
  • Property offers excellent potential for brr strategy
  • Sure to appeal to shrewd investors looking for a renovation opportunity in a prime location, or owner-occupiers seeking a spacious home to put their own stamp on
  • With a 70% monthly occupancy rate, the property could generate a remarkable income of £2,415 per month, which equates to £28,980 annually, subject to necessary planning consents
  • Sure to appeal to shrewd investors looking for a renovation opportunity in a prime location, or owner-occupiers seeking a spacious home to put th
  • 12a Union Street, Newmilns KA16 AZ Previously sold for £185,000 ** Property offers excellent potential for BRR strategy
  • Fantastic refurbishment opportunity, located in a prime location in Newmilns, East Ayrshire
  • **HUGE POTENTIAL TO ADD VALUE** With the possibility of operating as Serviced Accommodation, the property could achieve rates from £115 per night
  • ** HIGH YIELD POTENTIAL ** Property offers potential for BRR Strategy or flip and is sure to appeal to shrewd investors looking for a renovation opportunity in a prime location in East Ayrshire
  • This property is offered at a fantastic price to ensure an Auction sale
  • The property will feature in our upcoming timed online auction
  • To participate in the live auction, you must have a bidding account created

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Description

The property is a unique 3-bedroom Mixed Use property located in the prime area of Newmilns, East Ayrshire. It sits on High Street and comprises an entrance hallway, living room, kitchen, bathroom, and three large double bedrooms. The property benefits from a shop front, large garden with a spacious former workshop to the rear, and ample storage throughout.

The property offers a high yield potential with the possibility of operating as Serviced Accommodation, with rates from £115 per night and a 70% monthly occupancy rate. The property also features a shop front, garden, and former workshop.