£25,500
Est. Mortgage £117 per month*

1 bedroom flat for sale

27 Kilnholm Street, Newmilns
flat flat
bedroom 1 bedroom

Property description

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.

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First listed

Over a month ago

27 Kilnholm Street, Newmilns

Marketed by

Braveheart Auctions - Elgin Park House Business Centre, South Street Elgin Park, Elgin IV30 1JB
Call agent on 0131 268 2943
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Monthly repayment
£117
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Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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27 Kilnholm Street, Newmilns - Streetview

DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Braveheart Auctions - Elgin. Placebuzz 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 - Elgin for full details and further information.