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5 bedroom end of terrace house for sale
Newmilns KA16
£99,000
Newmilns KA16
£99,000
Our Summary
- Potential rental- £19,800 per year * FREEHOLD RESIDENTIAL PROPERTY * Flat 66a Vacant Flat 66b Vacant Flat 66c Vacant Flat 66d Vacant MASSIVE POTENTIAL YIELD *Potential combined rental income of £1,650pcm (£19,800 per annum)* Based on Local authority housing rates
- Auction Details11 July 2024, 10am-3pm Timed Online AuctionHow to Bid Now Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY
- Future Property Auctions - Scotland's Largest Land and Property Auction House
Description
This property is a rare opportunity to purchase a freehold, end-terraced building in the popular village of Newmilns, Scotland. The building comprises four flats: three one-bedroom apartments and one two-bedroom apartment, offering a massive potential yield. The property is located in a high-demand rental location, with realistic rental potential of £450 per month for the two-bedroom property and £400 per month for each of the one-bedroom flats. The combined potential rental income is £19,800 per annum. The property is situated near the River Irvine, 25 miles south of Glasgow and 7 miles east of Kilmarnock, with easy access to the M77 road network. The property is being sold through a timed online auction on July 11, 2024, with a reduced buyers' fee of 3% of the sale price.