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Auction
Freehold

Guide price

£29,000

Studio for sale

First Floor Flat, 27 Kilnholm Street, Newmilns KA16
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Guide price

£29,000

Studio for sale
First Floor Flat, 27 Kilnholm Street, Newmilns KA16

    Auction
    Freehold

    About this property

    • Tenanted investment property

    • Sold with tenant paying £4,500 per year

    • High yielding investment

    • Popular rental location

    • Close to transport links

    • Easy access to Glasgow City Centre, beaches and Prestwick Airport.

    Income producing investment property in popular rental location.

    Tenanted 1 bedroom first floor flat located in the commuter town of Newmilns offering excellent access to Kilmarnock, Glasgow, Ayr and Prestwick Airport.

    The property will be sold with a tenant in place. Tenant pays £375 per month (£4,500 per year) giving an excellent return on investment. Settled long-term tenant has excellent payment history.

    Potential yield of approximately 18%.

    The property has recently been refurbished internally and comprises Lounge, modern Kitchen, Double Bedroom and Bathroom.

    Perfect for landlord/ investor looking for generous return on low cost investment.

    Newmilns is a popular rental location- popular with commuters as it is only 10-15 minutes outside the large town of Kilmarnock, approximately 30 minutes from Ayr, Troon and Prestwick Airport.

    The village is located approximately 10 minutes from the M77 linking Ayrshire with Glasgow City Centre- 40 minutes from Glasgow City Centre and 25 minutes from Prestwick International Airport.

    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.

    For further information speak to one of our dedicated property experts.

    Be Brave... Follow Your Heart

    Tenanted investment property

    Sold with tenant paying £4,500 per year

    High yielding investment

    Popular rental location

    Close to transport links

    Easy access to Glasgow City Centre, beaches and Prestwick Airport.

    More information

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