>
Studio flat for sale
52D Loudoun Road, Newmilns, East Ayrshire, KA16 9HF
£28,750
52D Loudoun Road, Newmilns, East Ayrshire, KA16 9HF
£28,750
Our Summary
- The current tenant is paying £349 per month with scope to possibly increase to around £425-£450 pcm
- ***This lot will be sold under auction terms and conditions by Braveheart Auctions
- 8% yieldPotential to increase rent slightlyPerfect buy to let portfolio additionHigh demand rental locationPopular commuter town
- Potential to increase rent slightly
Description
This one-bedroom property in Newmilns is a tenanted investment opportunity with a current rent of £349 per month, generating an attractive yield of 12.8%. The property is well-located in a popular commuter town with good links to Kilmarnock and Glasgow, making it an ideal addition to a buy-to-let portfolio. The current tenant is paying a competitive rent, with scope to potentially increase it to around £425-£450 per month. The property is comprised of an entrance hallway, double bedroom, bathroom, and open-plan living room and kitchen, making it a great opportunity for investors looking for a reliable and profitable investment.