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Nelson Street, First Floor Flat... 1 bed flat for sale
Nelson Street, First Floor Flat, Newmilns KA16
£16,000
Nelson Street, First Floor Flat, Newmilns KA16
£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 Details10 July 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: 10 July 2025
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 has a low rent of £275 per month, with a settled tenant, and offers a good yield in a well-maintained building. With potential to increase the rent to £350 per month, this property provides an excellent rental yield in a high-demand rental location, close to town centre amenities and transport links. The property is situated approximately 30 minutes from Glasgow, 10 minutes from Kilmarnock, and 20 minutes from Prestwick International Airport, with easy access to the M77 and M74 motorways. This is a perfect buy-to-let investment property with constant tenant demand.