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Main Street, Newmilns KA16 1 bed flat for sale
7 Flat 2-2, Main Street, Newmilns, KA16 9HB
£25,000
7 Flat 2-2, Main Street, Newmilns, KA16 9HB
£25,000
Our Summary
- Property could attract a monthly rent of £450 - £475 p/m (£5,400- £5,700 p/a) which would provide an excellent gross yield if achieved for guide price Property offers Fantastic Capital growth potential
- * Guide of £25,000 *The potential rent of £400 - £475 p/m (£4,800 - £5,700 p/a) which would provide an excellent gross yield of between 19
- Property requires full renovation prior to habitation
- Sure to appeal to investors looking for Rare auction property
- This property is offered at a fantastic price to ensure an Auction sale and an excellent gross yield of between 19
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
- Property offers Fantastic Capital growth potential
Description
This exceptional 1-bedroom property is located in the prime location of Newmilns, Ayrshire, and is being offered for sale at a guide price of £25,000. The property, which is currently tenanted at £400 per month, has the potential to attract a monthly rent of £450-£475, providing an excellent gross yield of 19.2-22.8% if achieved. The property requires full renovation prior to habitation, but offers fantastic capital growth potential and is sure to appeal to shrewd investors looking for an easily lettable property in a sought-after location. With local amenities including coffee shops, bars, and restaurants, as well as nearby schools, this property is an excellent opportunity for property investors and owner-occupiers alike.