Loudoun Road, Newmilns, Ayrshire, KA16
- PROPERTY TYPE
Flat
- BEDROOMS
1
- SIZE
Ask agent
- 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
- Excellent Investment Opportunity
- Ground Floor Flat
- Large Double Bedroom
- Close to amenities
Description
Excellent Buy-to-Let Opportunity
Based on the anticipated rental income and purchase price, the property has the potential to generate an impressive gross rental yield of approximately 26%.
With the property already presented in lettable condition, an investor can avoid the additional cost and delays associated with refurbishment and move quickly to secure a tenant.
The surrounding area benefits from consistent rental demand, while increasing rents across Ayrshire continue to make affordable properties such as this particularly attractive to buy-to-let investors.
Investment Highlights:
• Potential gross rental yield of approximately 26%
• Vacant possession
• Ready to let immediately
• No refurbishment required
• Gas central heating
• Double glazing
• Low-maintenance rear garden
• Strong potential rental demand
• Affordable entry point for buy-to-let investors
The property would also make an affordable home for a first-time buyer looking for a well-presented property that is ready to move into.
RICS Home Report £30,000
Notes: This property is offered for sale under terms designed to ensure maximum commitment to the transaction from both parties. A buyer's premium may apply in order to secure the property.
- 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.
- Ask agent
- 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.
- Yes
- 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
Energy performance certificate - ask agent
Add an important place to see how long it'd take to get there from our property listings.
__mins driving to your place
Affordability
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference Loudoun56. 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 Direct Property, Kilwinning. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.