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Guide price

£29,000

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

  • Auction
  • Freehold

Braveheart Auctions

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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

See all recent sales in KA16

Property descriptions and related information displayed on this page are marketing materials provided by - Braveheart Auctions. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Braveheart Auctions for full details and further information.