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Kilnholm Street, Flat 1
Kilnholm Street, Flat 1-2, Newmilns KA16
£24,000
Kilnholm Street, Flat 1-2, Newmilns KA16
£24,000
Our Summary
- Local Sales Evidence; 12, Kilnholm Street, Newmilns, Ayrshire KA16 9HD (2 bed) recently SOLD for £55,000 in April 2024*Auction Details27 March 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: 27 March 2025
Description
This prime investment property is a first-floor flat located in the center of Newmilns, a popular commuter town with high demand for rentals. The property is currently let for £3,300 per annum, with a potential to increase the rent to £400 per month, making it an excellent buy-to-let investment opportunity. The location is ideal for access to Kilmarnock, Ayr, Glasgow, and the M77 motorway, with all local amenities nearby. The property is already generating a steady income, and with its central location, it's likely to attract more tenants in the future. The current tenant is paying £275 per month, making it an excellent investment opportunity for those looking for a low-risk, high-return investment.