7 Flat 2-2, Main Street, Newmilns, KA16 9HB
- PROPERTY TYPE
Flat
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Prime Property Auctions is excited to bring to market this exceptional 1 bed property, located within a prime location in Newmilns. *** Guide of £25,000 ***
- *** 7, Main Street, Newmilns, Ayrshire KA16 9HB Previously sold for £33,000. 217, Main Street, Newmilns, Ayrshire KA16 9HB £42,000***
- Property could attract a monthly rent of £400 - £475 p/m (£4,800 - £5,700 p/a) which would provide an excellent gross yield of between 19.2- 22.8% based on a guide price of £25,000.
- Property offers Fantastic Capital growth potential. Sure to appeal to shrewd investors looking for an 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.
Description
- Prime Property Auctions is excited to bring to market this exceptional 1 bed property, located within a prime location in Newmilns. *** Guide of £25,000 ***
- *** 7, Main Street, Newmilns, Ayrshire KA16 9HB Previously sold for £33,000. 217, Main Street, Newmilns, Ayrshire KA16 9HB £42,000***
- Property could attract a monthly rent of £400 - £475 p/m (£4,800 - £5,700 p/a) which would provide an excellent gross yield of between 19.2- 22.8% based on a guide price of £25,000.
- Property offers Fantastic Capital growth potential. Sure to appeal to shrewd investors looking for an 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.
Prime Property Auctions is excited to bring to market this exceptional 1 bed property, located within a prime location in Newmilns. *** Guide of £25,000 ***
The potential rent of £400 - £475 p/m (£4,800 - £5,700 p/a) which would provide an excellent gross yield of between 19.2- 22.8% based on a guide price of £25,000 and easily lettable property in a sought after location and is under ADS threshold.
Property comprises: Entrance hallway, living room, WC, kitchen, 1 bedroom
Prime Opportunity for Property investors and owner occupiers looking for a property in an excellent location. Property requires full renovation prior to habitation. Fantastic Capital growth potential. Sure to appeal to investors looking for Rare auction property. Vendor is open to OFFERS!
Local sales evidence:
9, Main Street, Newmilns, Ayrshire KA16 9HB Previously sold for £30,000. 7, Main Street, Newmilns, Ayrshire KA16 9HB Previously sold for £33,000. 217, Main Street, Newmilns, Ayrshire KA16 9HB £42,000.
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “OFFER NOW” button on our website.
This property is offered at a fantastic price to ensure an Auction sale and an excellent gross yield of between 19.2- 22.8%.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
Location:
Newmilns is a quaint town characterised by its historical charm and close-knit community. Originally established as a weaving and textile hub, the town showcases remnants of its industrial past. Newmilns is surrounded by the picturesque Ayrshire countryside, offering residents a tranquil setting. With a mix of historical architecture and green spaces, such as Jamieson Park, the town invites leisurely exploration. Newmilns is known for its community-focused events and local initiatives that contribute to its warm and welcoming atmosphere. This Scottish town provides a serene escape while preserving its unique historical character, creating a delightful environment for residents to call home.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- On street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
7 Flat 2-2, Main Street, Newmilns, KA16 9HB
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About Prime Property Auctions (Scotland) Ltd, Glasgow
100 West Regent Street, Suite 3.02, Glasgow, G2 2QD
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Visit our security centre to find out moreDisclaimer - Property reference 207931135. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions (Scotland) Ltd, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Prime Property Auctions (Scotland) Ltd, Glasgow on 0141 465 5880.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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