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1 bedroom flat for sale
57A Loudon Road, Newmilns, KA16 9HJ
£30,000
57A Loudon Road, Newmilns, KA16 9HJ
£30,000
Our Summary
- Prime Property Auctions is excited to bring to market this Residential Refurbishment Opportunity, this VACANT 1 bed property, located within a prime location in Newmilns
- Property Requires light renovations, sure to appeal to shrewd investors looking for high yielding and easily lettable property in a sought after location Property is located near a whole host of local amenities including many popular coffee shops, bars, and restaurants, with local schools nearby
- Property Requires light renovations, sure to appeal to shrewd investors looking for high yielding and easily lettable property in a sought after location
- This property is offered at a fantastic price to ensure an Auction sale
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
Description
Prime Property Auctions is offering a vacant 1-bedroom property in Newmilns, Ayrshire, for immediate purchase. The property requires light renovations and is expected to attract a monthly rent of £450-£500, providing a gross yield of 19.2-21.4% based on a guide price of £28,000. Located in a prime area, the property is close to local amenities, including coffee shops, bars, and restaurants, as well as schools. The area has seen strong demand recently, with nearby properties selling for £60,000 and £55,000. The property is priced under the asking price to ensure a quick sale and will feature in an upcoming timed online auction.