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Loudoun Road, Newmilns KA16 1 bed flat for sale
Loudoun Road, Newmilns KA16
£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
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 in a prime area with local amenities, including coffee shops, bars, and restaurants, as well as nearby schools. The property is priced under auctioneer's discretion to ensure a quick sale, and the local area has seen strong demand recently. The property will feature in an upcoming timed online auction, and interested buyers can participate by creating a bidding account. With its charming town centre, beautiful countryside, and welcoming community, Newmilns is an attractive location for investors seeking a high-yielding and easily lettable property.