5 bedroom end of terrace house for sale

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5 bedroom end of terrace house for sale

, Loudoun Road, Portfolio of 4 Flats, Newmilns, KA169HF
£99,000

Our Summary

  • ** SALE BY AUCTION - 04 April 2024 - Timed Online Auction **Full Building Sale
  • 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 Details04 April 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
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Description

The property for sale is a full building located in the village of Newmilns, 25 miles south of Glasgow and 7 miles east of Kilmarnock. The building comprises of 3 x 1 bedroom flats and 1 x 2 bed flat, all of which are vacant and have potential rental income of £1,650 per month (£19,800 per annum) based on local authority housing rates. The property is in a high demand rental location with potential combined rental income of £450 per month (£5,400 per annum) for the 2 bed property and £400 per month (£4,800 per annum) for the 1 bed flats. The area offers easy access to Glasgow via the M77 road network and is close to various amenities such as schools, restaurants, theater, hospital, and sports complex. The surrounding countryside offers opportunities for walking, cycling, and field sports, and there are several golf courses in the area, including the world-famous Turnberry, Prestwick, and Royal Troon.
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