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1 bedroom flat for sale
King Street, Newmilns, East Ayrshire, KA16 9DW
£25,500
King Street, Newmilns, East Ayrshire, KA16 9DW
£25,500
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 is an investment opportunity in a highly sought-after rental location near Kilmarnock, with easy access to Glasgow City Centre. The vacant freehold property, which requires refurbishment and modernization, has the potential to generate a significant rental income of £425-£450 per month, offering an exceptional potential yield and return on investment. Located in the popular rental location of Newmilns, the property is close to the M77 and approximately 40 minutes from Glasgow City Centre, making it an attractive option for commuters. With a low cost investment and potential to add value, this property presents a unique opportunity for professional or part-time developers to capitalize on the high demand in this area.