1 bedroom flat for sale

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1 bedroom flat for sale

Main Street, Newmilns KA16
£25,000

Our Summary

  • Property offers Fantastic Capital growth potential
  • Property requires little to no renovation and is ready to let
  • Sure to appeal to investors looking for Rare auction property
  • This property is offered at a fantastic price to ensure an Auction sale
  • The property will feature in our upcoming timed online auction
  • To participate in the live auction, you must have a bidding account created

Description

This exceptional 1-bedroom property in Newmilns, Ayrshire, is being auctioned off with a guide price of £25,000. The property is located in a prime area, surrounded by local amenities, including coffee shops, bars, and restaurants, as well as nearby schools. With a potential monthly rent of £400-£475, the property offers an excellent gross yield of 19.2-22.8%. The property requires little to no renovation and is ready to let, making it an attractive opportunity for investors and owner-occupiers. The town of Newmilns is known for its historical charm, community events, and picturesque countryside, making it a desirable location to live. With local sales evidence of similar properties selling for £30,000-£42,000, this property presents a rare opportunity for a shrewd investor to snap up a bargain.
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