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Description

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

Tenanted One Bedroom GROUND FLOOR FLAT located in the centre of the popular Ayrshire commuter town of Newmilns. Rental income agreed at £399 per month. Rent collected by landlord. Managed by Agent.

The property is a purpose built ground floor flat in a three storey traditional block of five flats. The accommodation comprises of entrance hallway, living room, galley kitchen, bedroom and bathroom.

PERFECT BUY TO LET PROPERTY with tenant in place paying £399 pcm. The property is situated in an established residential area of Newmilns, East Ayrshire. Local amenities and transport links nearby.

Built circa 1900. Traditional flat with tenant in place. On street parking. RICS Home Report valuation £30,000 (Thirty Thousand Pounds Sterling). Freehold Residential Sale Property.

Perfect buy to let investment property with tenant in place approximately 30 minutes from Glasgow, 10 minutes from Kilmarnock and 20 minutes from Prestwick International Airport.

RICS Home Report valuation £30,000 (Thirty Thousand Pounds Sterling). Freehold Residential Sale Property. Tenanted One Bedroom GROUND FLOOR FLAT located in the centre of the popular Ayrshire commuter town of Newmilns. Rental income agreed at £399 per month. Rent collected by landlord. Managed by Agent. PERFECT BUY TO LET PROPERTY with substantial demand locally for affordable rental properties. RENTAL AGREEMENT - Rental income agreed at £399 per month. Rent collected by landlord. Managed by Agent. Private Residential Tenancy (PRT) Agreement. Perfect investment property in HIGH DEMAND RENTAL LOCATION - Easy to let property. 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: 57A Loudoun Road, Newmilns, KA16 9HJ

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Map & Location

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Annual
Rent: £4,788 per year / £399 per month
Yield: 24% (approx)
Tenant: Private Individual
Notes: Rental income agreed at £399 per month. Rent collected by landlord. Managed by Agent.

Document Downloads

Home Report (Available) Legal Pack (Available)

Pricing Information & Bidding

Guide Price: £28,500


What is a Guide Price... Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change prior to the auction.

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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: 25 April 2025, 12pm
Type: Deadline for Offers

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