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52A Loudoun Road, Ground Floor Flat... 1 bed flat for sale
52A Loudoun Road, Ground Floor Flat, Newmilns, East Ayrshire, KA16 9HF
£32,000
52A Loudoun Road, Ground Floor Flat, Newmilns, East Ayrshire, KA16 9HF
£32,000
Our Summary
- Refurbished investment opportunity in high demand rental location
- Ready to let, 1 bedroom, ground floor property in the popular commuter town of Newmilns offering potential for a strong rental return of £400-£450 per month (£4,800- £5,400 per year) in extremely popular rental spot
- The property will be sold under auction terms and conditions by Braveheart Auctions
- The seller has indicated that pre-auction offers will be considered for this lot
- Be Brave… Follow Your HeartRefurbished 1 Bedroom Ground Floor PropertyPotential rental income of up to £450 per month (£5,400 per year)High demand rental location close to Kilmarnock and AyrEasy access to Glasgow City CentreClose to M77 MotorwayPerfect buy-to-let investment in excellent condition
Description
This refurbished 1-bedroom ground floor property in Newmilns, a popular commuter town, offers a strong rental return of £400-£450 per month (£4,800-£5,400 per year). The property, which is ready to let, features an entrance hallway, lounge, double bedroom, kitchen, and bathroom, and benefits from double glazing and gas central heating. Located in a high-demand rental area, it's close to Kilmarnock and Ayr, with easy access to Glasgow City Centre via the M77 motorway. With a council tax band of A, this property presents a fantastic buy-to-let investment opportunity for landlords and investors looking for a generous return on a low-cost investment. Local sales data suggests that similar properties in the area have sold for between £75,000 and £95,000, making this a potentially lucrative investment opportunity.