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1 bedroom flat for sale
Kilnholm Street, Flat 1-2, Newmilns KA16
£25,000
Kilnholm Street, Flat 1-2, Newmilns KA16
£25,000
Our Summary
- Local Sales Evidence; 12, Kilnholm Street, Newmilns, Ayrshire KA16 9HD (2 bed) recently SOLD for £55,000 in April 2024*Auction Details31 October 2024, 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 is a prime investment property located in the center of Newmilns, a popular commuter town with easy access to Kilmarnock, Ayr, Glasgow, and the M77 motorway. The property is a first-floor flat with one bedroom, currently let to a sitting tenant paying £3,300 per annum (£275pcm), which is a low rent for the area. With its high demand rental location and potential to increase rent to £400pcm, this property offers an immediate return on investment. The location is close to all local amenities, and recent sales evidence in the area suggests strong demand and potential for capital growth. The property is being sold through a timed online auction on October 31, 2024, with bidding available through the auction house's website.