>
King Street, Newmilns, East Ayrshire... 1 bed flat for sale
King Street, Newmilns, East Ayrshire, KA16 9DW
£23,500
King Street, Newmilns, East Ayrshire, KA16 9DW
£23,500
Our Summary
- Investment opportunity in extremely popular rental location close to Kilmarnock with easy access to Glasgow City Centre
- Vacant FREEHOLD property with realistic potential rental of £425-£450 per month (£5,100- £5,400 per year) offering an exception potential yield and outstanding return on investment
- As shown in the images, the property will require a degree of refurbishment and modernisation to realise the full potential but this should pose no major issues to professional or part-time developers
- This property will be sold under auction terms and conditions by Braveheart Auctions
- For more information on this property and our next online auction speak to Braveheart Auctions now
Description
This vacant freehold property in the popular rental location of Newmilns, close to Kilmarnock and with easy access to Glasgow City Centre, presents an exceptional investment opportunity. With a realistic potential rental of £425-£450 per month, the property offers a high potential yield and outstanding return on investment. Although the property requires a degree of refurbishment and modernisation, this should pose no major issues for professional or part-time developers. Located just 10-15 minutes outside Kilmarnock and with links to Glasgow City Centre, the village is a popular choice for commuters. With a low cost investment and potential rental income, this property is an attractive opportunity for those looking to add value and generate a strong yield.