£26,000
1 bedroom flat for sale
Tenanted Investment, Newmilns
flat 
1 bedroom Property description
Income producing investment property in popular rental location.
Tenanted, 1 bedroom, freehold 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 £399 per month (£4,788 per year) giving an excellent return on investment. Settled long-term tenant has excellent payment history.
Potential yield in excess of approximately 16%.
Low rent for the area with a competitive local rental of £450 per month (£5,400 per year for a one bedroom property.
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
Income producing investment
Sold with settled, sitting tenant on PRT
Immediate income of £399 per month
Popular rental location
Popular commuter location with easy access to Glasgow
Tenanted, 1 bedroom, freehold 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 £399 per month (£4,788 per year) giving an excellent return on investment. Settled long-term tenant has excellent payment history.
Potential yield in excess of approximately 16%.
Low rent for the area with a competitive local rental of £450 per month (£5,400 per year for a one bedroom property.
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
Income producing investment
Sold with settled, sitting tenant on PRT
Immediate income of £399 per month
Popular rental location
Popular commuter location with easy access to Glasgow
Property photos
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First listed
Over a month agoTenanted Investment, Newmilns
Marketed by
Braveheart Auctions - Elgin Park House Business Centre, South Street Elgin Park, Elgin IV30 1JBCall agent on 0131 268 2943
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Monthly repayment
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is 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.
Tenanted Investment, Newmilns - Streetview
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