3 Nelson Street, Flat 1-1, Newmilns, KA16 9AP
- 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 present this excellent BRRR opportunity, a spacious 1 bed flat, located in the sought after area of Newmilns. ***Guide Price of £26,000***
- ***12, Nelson Street, Newmilns, KA169AP sold for £89,000, 28, Brown Street, Newmilns, Ayrshire KA16 9AA sold for £60,0000*
- The property could command a rental income of 400 - 550 PCM / £4800 - £6000, which could provide an exceptional gross yield of 18.7- 23% based on guide price of £26,000. ***HIGH YIELDING POTENTIAL
- Property has a guide of £26,000 to ensure a prompt sale and is also offered under ADS threshold.
- Property is sure to appeal to shrewd investors looking for high yielding and easily lettable property in a sought after location
Description
- Prime Property Auctions is excited to present this excellent discounted residential property, a spacious 1 bed flat, located in the sought after area of Newmilns. ***Guide Price of £26,000***
- ***12, Nelson Street, Newmilns, KA169AP sold for £89,000, 28, Brown Street, Newmilns, Ayrshire KA16 9AA sold for £60,0000***
- The property could command a rental income of 400 - 500 PCM / £4800 - £6000, which could provide an exceptional gross yield of 18.7- 23% based on guide price of £26,000. ***HIGH YIELDING POTENTIAL***
- It has a guide of £26,000 to ensure a prompt sale and is also offered under ADS threshold.
- Property is sure to appeal to shrewd investors looking for high yielding and easily lettable property in a sought after location
Prime Property Auctions is excited to present this excellent discounted residential property, a spacious 1 bed flat, located in the sought after area of Newmilns. ***Guide Price of £26,000**
Property comprises: Entrance hallway, living room, WC, kitchen, 1 bedroom
Sales Evidence:
***12, Nelson Street, Newmilns, KA169AP sold for £89,000, 28, Brown Street, Newmilns, Ayrshire KA16 9AA sold for £60,0000***
***Property is priced under ADS to ensure a quick sale! ***
Property is 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.
The local areas have seen some great sales recently showing that there is strong demand recently, should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.
This lot is open to immediate offers, and 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, located in the picturesque Irvine Valley, is a charming town that harmoniously blends its rich history with contemporary living. The town's streets are adorned with traditional sandstone buildings alongside modern homes, creating a captivating architectural mix. The welcoming town centre features a variety of local shops, inviting cafes, and friendly pubs, offering a delightful selection of goods and services. Known for its close-knit community, Newmilns greets every visitor with warmth and hospitality. Surrounded by beautiful countryside, Newmilns is an ideal spot for outdoor enthusiasts, offering scenic walking trails and lush green spaces. Experience the unique charm of Newmilns, where history and modernity coexist, and every visit feels like a warm welcome 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.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
3 Nelson Street, Flat 1-1, Newmilns, KA16 9AP
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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 211602111. 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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