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Loudoun Road, Newmilns KA16 1 bed flat for sale
57A Loudon Road, Newmilns, KA16 9HJ
£30,000
57A Loudon Road, Newmilns, KA16 9HJ
£30,000
Our Summary
- Prime Property Auctions is excited to bring to market this Residential Refurbishment Opportunity, this VACANT 1 bed property, located within a prime location in Newmilns
- Property Requires light renovations, sure to appeal to shrewd investors looking for high yielding and easily lettable property in a sought after location Property is located near a whole host of local amenities including many popular coffee shops, bars, and restaurants, with local schools nearby
- Property Requires light renovations, sure to appeal to shrewd investors looking for high yielding and easily lettable property in a sought after location
- 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
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Here is a summary of the property description in a single paragraph:
This vacant 1-bedroom property in Newmilns, Ayrshire, is a refurbishment opportunity that could attract a monthly rent of £450-£500, providing a gross yield of 19.2-21.4% based on a guide price of £28,000. The property requires light renovations and is located near local amenities, including coffee shops, bars, and restaurants, with nearby schools. The area has seen recent strong sales, and the property is priced under the Asking Daily Sales Rate to ensure a quick sale. The property will feature in a timed online auction, and interested buyers can participate by creating a bidding account.