122 Main Street, Newmilns, KA16 9DJ
- PROPERTY TYPE
Flat
- BEDROOMS
3
- 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 NEW LISTING. We are excited to present this excellent refurbishment opportunity. Unique 3-bedroom Mixed Use property, located within a prime location in Newmilns, East Ayrshire
- ** 75a High Street, Newmilns KA16 9DZ Previously sold for £203,124. 12a Union Street, Newmilns KA16 AZ Previously sold for £185,000 **
- Property offers excellent potential for BRR strategy. Sure to appeal to shrewd investors looking for a renovation opportunity in a prime location, or owner-occupiers seeking a spacious home to put th
- The property is ideally situated in a prime location, just 13 minutes from the M77, giving great access to either Glasgow or Ayr.
- With the possibility of operating as Serviced Accommodation, the property could achieve rates from £115 per night. With a 70% monthly occupancy rate, the property could generate a remarkable income
Description
- PRIME NEW LISTING. We are excited to present this excellent refurbishment opportunity. Unique 3-bedroom Mixed Use property, located within a prime location in Newmilns, East Ayrshire
- ** 75a High Street, Newmilns KA16 9DZ Previously sold for £203,124. 12a Union Street, Newmilns KA16 AZ Previously sold for £185,000 **
- Property offers excellent potential for BRR strategy. Sure to appeal to shrewd investors looking for a renovation opportunity in a prime location, or owner-occupiers seeking a spacious home to put their own stamp on.
- The property is ideally situated in a prime location, just 13 minutes from the M77, giving great access to either Glasgow or Ayr.
- With the possibility of operating as Serviced Accommodation, the property could achieve rates from £115 per night. With a 70% monthly occupancy rate, the property could generate a remarkable income of £2,415 per month, which equates to £28,980 annually, subject to necessary planning consents. ** HIGH YIELD POTENTIAL **
PRIME NEW LISTING. Fantastic refurbishment opportunity, located in a prime location in Newmilns, East Ayrshire.
Property comprises: entrance hallway, living room, kitchen, bathroom, three large double bedrooms. Property also benefits from a Shop Front, large garden with spacious former workshop to the rear and ample storage throughout.
**HUGE POTENTIAL TO ADD VALUE**
With the possibility of operating as Serviced Accommodation, the property could achieve rates from £115 per night. With a 70% monthly occupancy rate, the property could generate a remarkable income of £2,415 per month, which equates to £28,980 annually, subject to necessary planning consents. ** HIGH YIELD POTENTIAL **
Property offers potential for BRR Strategy or flip and is sure to appeal to shrewd investors looking for a renovation opportunity in a prime location in East Ayrshire.
The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.
Excellent sales evidence in the area:
** 75a High Street, Newmilns KA16 9DZ Previously sold for £203,124. 12a Union Street, Newmilns KA16 AZ Previously sold for £185,000 **
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. 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 appeals to many people because it combines small-town community life with attractive countryside surroundings in the scenic Irvine Valley. It offers a quieter, generally more affordable alternative to larger Scottish towns and cities, while still providing access to everyday amenities, local shops, schools, and outdoor walking routes. Residents benefit from a strong sense of local identity and history, particularly its links to Scotland's textile industry, and the town is within reasonable commuting distance of Kilmarnock and Glasgow, making it attractive to people who want a balance between rural living and access to employment, shopping, and cultural opportunities.
- 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: C
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Off street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Private garden
- 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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122 Main Street, Newmilns, KA16 9DJ
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Visit our security centre to find out moreDisclaimer - Property reference 227491225. 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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