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Nelson Street, First Floor Flat... 1 bed flat for sale
3, Nelson Street, First Floor Flat, Newmilns, KA169AP
£16,000
3, Nelson Street, First Floor Flat, Newmilns, KA169AP
£16,000
Our Summary
- Immediate rental income with potential to increase
- Excellent rental yield at current rent with potential to increase rent to £350pcm (£4,200 per annum) in HIGH DEMAND RENTAL LOCATION close to town centre amenities and transport links
- Auction Details11 December 2025, 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
- AUCTION DATE: 11 December 2025
- Excellent rental yield at current rent with potential to increase rent to £350pcm (£4,200 per annum) in HIGH DEMAND RENTAL LOCATION close to town centre amenities and transport links
Description
This is an immediate income-producing investment property, a tenanted 1-bedroom flat located in the popular commuter town of Newmilns, close to the town centre. The property is currently rented out for £275 per month, generating an annual income of £3,300, with potential to increase to £350 per month, yielding £4,200 per annum. The flat is well-maintained, with modern double glazing, and is situated in a high-demand rental location with easy access to town centre amenities and transport links. The property is approximately 30 minutes from Glasgow, 10 minutes from Kilmarnock, and 20 minutes from Prestwick International Airport, making it an excellent buy-to-let investment opportunity.