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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 Details23 January 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
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 at £275 per month (£3,300 per annum) and offers an immediate return on investment. With a low rent for the area, there is potential to increase the rent to £400 per month. The location is ideal for access to Kilmarnock, Ayr, Glasgow, and the M77 motorway, as well as being close to all local amenities. The property is being sold through a timed online auction on January 23, 2025, and is a great opportunity for investors to buy a property with a sitting tenant in a high-demand rental location.