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Guide price
£20,000

1 bedroom flat for sale

Nelson Street, First Floor Flat, Newmilns KA16
Auction
Flat
1 bed
Added > 14 days

Key information

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Features and description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • AUCTION DATE: 09 January 2025
*IMMEDIATE INCOME PRODUCING INVESTMENT* Tenanted 1 bedroom property located close to the centre of the popular commuter town of Newmilns. Low rent with settled tenant paying £275pcm (£3,300 per annum). Super investment property. First floor flat with modern Double Glazing offering good yield in well-maintained building close to the town centre. Immediate rental income with potential to increase. Excellent rental yield at current rent with potential to increase rent to £350pcm (£4,200 per annum) in HIGH DEMAND RENTAL LOCATION close to town centre amenities and transport links. Newmilns is located on the A71 arterial road and offers a wide range of amenities making it an extremely popular rental location with constant tenant demand. Perfect buy to let investment property approximately 30 minutes from Glasgow, 10 minutes from Kilmarnock and 20 minutes from Prestwick International Airport. Super access to M77 and M74 motorways.

Auction Details
09 January 2025, 10am-3pm
Timed Online Auction

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About this agent

Future Property Auctions - Glasgow
Future Property Auctions - Glasgow
241 Kilmarnock Road Shawlans, Glasgow G41 3JF
0141 433 6645
Full profileProperty listings
We are Scotland's LARGEST dedicated residential and commercial Property Auctioneer. Our regular programme of large scale property auctions feature lots from throughout Scotland and the wider UK as well as regular properties available for purchase by Private Treaty and Tender. Our Auction calendar features both traditional and online property auctions covering the whole of the country. Each Auction offers a mix of Commercial and Residential property as well as land and other development opportunities. Properties are accepted from both Private and Corporate Vendors alike and we welcome enquires from all potential clients. Future Auctions LTD is a Limited Company registered in Scotland with Registration Number 358597. We are a fully indemnified professional limited company regulated by the Property Ombudsman. Our auctioneers are all members of the National Association of Auctioneers and Valuers thus ensuring our strict code of conduct and professionalism.
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