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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 1
  • Council Tax: Search

SUPER INVESTMENT OPPORTUNITY***. Tenanted 1 bedroom flat centrally located within the popular commuter town of Newmilns. Tenant paying £349pcm (£4,188 per annum).

Perfect investment property sold with sitting tenant paying £4,188 per annum (£349pcm) in HIGH DEMAND RENTAL LOCATION close to town centre and transport links. LOW RENT FOR AREA- Potentially £400pcm

PRIME BUY TO LET PROPERTY with excellent rental prospects in HIGH DEMAND RENTAL LOCATION. Ideal location for access to Kilmarnock/ Ayr/ Glasgow/ M77 motorway. Close to all local amenities

Located approximately 30 minutes from Glasgow, 10 minutes from Kilmarnock and 20 minutes from Prestwick International Airport. Super access to M77 and M74 motorways.

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.

SUPER INVESTMENT OPPORTUNITY***. Tenanted 1 bedroom flat centrally located within the popular commuter town of Newmilns. Tenant paying £349pcm (£4,188 per annum). Perfect investment property sold with sitting tenant paying £4,188 per annum (£349pcm) in HIGH DEMAND RENTAL LOCATION close to town centre and transport links. LOW RENT FOR AREA- Potentially £400pcm. PRIME BUY TO LET PROPERTY with excellent rental prospects in HIGH DEMAND RENTAL LOCATION. Ideal location for access to Kilmarnock/ Ayr/ Glasgow/ M77 motorway. Close to all local amenities. Located approximately 30 minutes from Glasgow, 10 minutes from Kilmarnock and 20 minutes from Prestwick International Airport. Super access to M77 and M74 motorways. 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.

Newmilns has both primary and secondary schooling available nearby. Private schooling is available at Wellington in Ayr and Belmont, Newton Mearns (14 miles). Kilmarnock has a wider range of amenities including restaurants, theatre, hospital, cinema and sports complex. The surrounding rolling countryside of the Irvine Valley offers a network of country lanes, ideal for walking, cycling and hacking. The popular Burn Anne Walk is a pleasant 5 mile circuit adjacent to the property. There are many opportunities for field sports in the area and some of southwest Scotland's finest salmon and trout fishing is available in the area's lochs and rivers. Ayrshire is renowned for its numerous golf courses including the world famous Turnberry, Prestwick and Royal Troon. The Loudon Golf Club is located just outside the neighbouring village of Galston and the world class ‘19’ hole golf course designed by Colin Montgomerie at Rowallan Castle, is 10 miles away in Kilmaurs. There are first class yachting facilities at the marinas of Ardrossan, Largs, Inverkip and Troon. Nearby Dumfries House offers excellent walks, gardens, a café and restaurant. The property is well positioned for easy access to Glasgow via the M77 (about 25 miles) and to Ayr (16 miles). Transport links within the area are excellent with a regular train service to Glasgow from Kilmarnock (7 miles) while Prestwick Airport is about 13 miles away.

Full Address: 52D Loudoun Road, Newmilns, KA16 9HF

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Tenancy Details

Type of Agreement: Basic Lease
Length:
Rent: £4,188 per year / £349 per month
Yield: 17% (approx)
Tenant: Private Individual
Notes:

Document Downloads

Home Report (Available) Legal Pack (Available)

Pricing Information & Bidding

Opening Bid: £25,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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SPECIAL Terms of Sale

  • 10% Deposit
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

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Auction Details

Date & Time: 09 January 2025, 10am-3pm
Type: Timed Online Auction

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