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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
- Potential to add significan t value in high demand rental location and popular commuter zone
- 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 significant investment opportunity with potential to add value and generate a high yield. With a realistic potential rental of £425-£450 per month, this property presents an exceptional return on investment. The first-floor property requires refurbishment and modernization, which should pose no major issues for professional or part-time developers. Located just 10-15 minutes from Kilmarnock and 30 minutes from Ayr, Troon, and Prestwick Airport, this property is ideal for commuters. With easy access to the M77, connecting Ayrshire to Glasgow City Centre, this property is a low-cost investment opportunity with excellent potential for yield.