Kilnholm Street, Flat 1

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Kilnholm Street, Flat 1

Kilnholm Street, Flat 1-2, Newmilns KA16
£25,000

Our Summary

  • Local Sales Evidence; 12, Kilnholm Street, Newmilns, Ayrshire KA16 9HD (2 bed) recently SOLD for £55,000 in April 2024*Auction Details06 March 2025, 10am-3pm Timed Online AuctionHow to Bid Now Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY
  • Future Property Auctions - Scotland's Largest Land and Property Auction House
  • AUCTION DATE: 06 March 2025

Description

This is a prime investment property, a one-bedroom flat located on the first floor in the center of Newmilns, a popular commuter town. The property is currently let to a sitting tenant at £275 per month, generating an annual income of £3,300, and has the potential to increase the rent to £400 per month due to its high demand location. The property is situated close to the town center and transport links, making it an ideal location for access to Kilmarnock, Ayr, Glasgow, and the M77 motorway. With local sales evidence showing similar properties selling for £55,000, this property presents a fantastic opportunity for a buy-to-let investment. The property will be sold through a timed online auction on March 6, 2025, with full details available on the auction house's website.