>
King Street, Newmilns, East Ayrshire... 1 bed flat for sale
King Street, Newmilns, East Ayrshire, KA16 9DW
£26,500
King Street, Newmilns, East Ayrshire, KA16 9DW
£26,500
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, presents an investment opportunity with significant potential for value addition. The first-floor property, which requires refurbishment and modernization, has a realistic potential rental of £425-£450 per month, offering an exceptional potential yield and outstanding return on investment. With easy access to Glasgow City Centre via the M77, the property is well-suited for commuters. The village is also close to major towns such as Ayr, Troon, and Prestwick Airport. The property will be sold under auction terms and conditions, providing a low-cost investment opportunity for professional or part-time developers.