>
King Street, Newmilns, East Ayrshire... 1 bed flat for sale
King Street, Newmilns, East Ayrshire, KA16 9DW
£24,500
King Street, Newmilns, East Ayrshire, KA16 9DW
£24,500
Our Summary
- Investment opportunity in extremely popular rental location close to Kilmarnock with easy access to Glasgow City Centre
- Potential to add significan t value in high demand rental location and popular commuter zone
- Vacant FREEHOLD property with realistic potential rental of £425-£450 per month (£5,100- £5,400 per year) offering an exception potential yield and outstanding return on investment
- As shown in the images, the property will require a degree of refurbishment and modernisation to realise the full potential but this should pose no major issues to professional or part-time developers
- This property will be sold under auction terms and conditions by Braveheart Auctions
- For more information on this property and our next online auction speak to Braveheart Auctions now
Description
This vacant freehold property in Newmilns, a popular rental location near Kilmarnock, offers a significant investment opportunity with potential to add value and generate a high yield. The first-floor property, which requires refurbishment and modernization, has a realistic potential rental of £425-£450 per month, providing an exceptional return on investment. With easy access to Glasgow City Centre and major transportation links, this property is ideal for commuters and investors alike. The village of Newmilns is a sought-after location, with a low cost investment opportunity available through auction terms and conditions. With potential to generate a high yield, this property is an excellent choice for those looking to add value and generate passive income.