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King Street, Newmilns, East Ayrshire... 1 bed flat for sale
King Street, Newmilns, East Ayrshire, KA16 9DW
£27,500
King Street, Newmilns, East Ayrshire, KA16 9DW
£27,500
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 Newmilns, a popular rental location near Kilmarnock, offers a lucrative investment opportunity with a realistic potential rental of £425-£450 per month, yielding £5,100-£5,400 per year. The first-floor property, which requires refurbishment and modernization, is situated just 10-15 minutes outside Kilmarnock and 30 minutes from Ayr, Troon, and Prestwick Airport, making it an attractive option for commuters. With easy access to the M77, connecting Ayrshire to Glasgow City Centre, this property presents a low-cost investment opportunity with potential for excellent returns. Braveheart Auctions will be selling the property under auction terms and conditions, offering a chance for investors to snap up this exceptional opportunity at a competitive price.