43 West Main Street, First Floor... 1 bed flat for sale

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43 West Main Street, First Floor... 1 bed flat for sale

43 West Main Street, First Floor Flat, Darvel, East Ayrshire
£28,000

Our Summary

  • The property will be sold under auction terms and conditions by Braveheart Auctions
  • The seller has indicated that pre-auction offers will be considered for this lot

Description

This is an income-producing investment property located in the popular rental location of Newmilns, a commuter town with excellent access to Kilmarnock, Glasgow, Ayr, and Prestwick Airport. The property is a one-bedroom, freehold flat on the first floor, currently tenanted with a long-term tenant who pays £349 per month, providing a yield of over 15%. The rent is below the local market rate, making it an attractive investment opportunity for landlords and investors. The property is located in a popular area with a high demand for rentals, making it an excellent choice for those looking for a low-cost investment with a generous return.