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1 bed property
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Price History
Our Summary
- *** Guide of £25,000 *** The potential rent of £400 - £475 p/m (£4,800 - £5,700 p/a) which would provide an excellent gross yield of between 19
- Property requires full renovation prior to habitation
- Sure to appeal to investors looking for Rare auction property
- This property is offered at a fantastic price to ensure an Auction sale and an excellent gross yield of between 19
- 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
Prime Property Auctions is excited to bring to market a one-bedroom property in Newmilns, Ayrshire, with a guide price of £25,000. The property, located on Main Street, is currently tenanted at £400 per month and has the potential to attract a higher rent of £450-£475 per month, providing an excellent gross yield. The property requires full renovation prior to habitation, but its location near local amenities and schools makes it an attractive opportunity for investors and owner occupiers.
The vendor is open to offers, and the property will feature in an upcoming timed online auction. With a rich history and community-focused events, Newmilns is a charming town that offers a tranquil setting and a warm atmosphere, making it an excellent location for a property investment.