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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, offers an exceptional investment opportunity with potential rental income of £425-£450 per month. The first-floor property, which requires some refurbishment and modernization, is situated close to Kilmarnock and has easy access to Glasgow City Centre via the M77. With a realistic potential yield, this property presents a low-cost investment opportunity for professional or part-time developers. The village of Newmilns is a sought-after commuter location, with nearby towns including Ayr, Troon, and Prestwick Airport, making it an attractive option for tenants. Braveheart Auctions will be selling the property under auction terms and conditions, offering a unique opportunity for investors to secure this property at a competitive price.