Ladeside, Ayrshire KA16 1 bed flat for sale

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Ladeside, Ayrshire KA16 1 bed flat for sale

Ladeside, Ayrshire KA16
£34,000

Our Summary

  • Local sales:* 34A Ladeside, Newmilns, Ayrshire KA16 9BE previously sold for £67,000 August 2022, 16, Isles Terrace, Newmilns, Ayrshire KA16 9JZ previously sold for £60,000 December 2022 * Sure to appeal to investors looking for an easy lettable flat in a sought after location with great potential for Capital Growth
  • 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 property is a large 1-bedroom flat located in a popular buy-to-let location in Newmilns, Ayrshire. It is currently tenanted at £425 per month, producing an annual income of £5,100 and a gross yield of 15% at a guide price of £34,000. The property has rental potential of £475-£550, providing an annual income of £5,700-£6,600. With its prime location near local amenities, schools, and transport links, this property is an attractive investment opportunity for those looking for a high-yielding investment. The property is a ground-floor flat with double glazing and gas central heating, and has an EPC rating of C. With a guide price of £34,000, this property is an excellent opportunity for investors to purchase a cash-producing investment with potential for capital growth.
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