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Property Listing Details

Property details

  • 1 bedroom

Features

  • Excellent sized one bedroom tenanted flat within desirable residential pocket of newmilns. The property on offer is currently tenanted at £275 p/m - £3,300 per annum offering a generous yield of 12%.
  • Comprises - Entrance hallway, living room, kitchen, double bedroom and bathroom *** tenant has been in property for five years with all payment fully up to date *** Professionally Managed Property
  • Excellent landlord investment to secure a well maintained flat close the town centre, Primary School, Snow and Sports Complex, Loudoun Golf Club, Loudoun Academy & Tesco supermarket
  • Sales evidence - 52-54, Nelson Street, Newmilns, KA16 9AP £60,000. 23, Nelson Street, Newmilns, KA16 9AP - £42,000. 30, Riverbank Street, Newmilns, KA16 9HL - £42,000 --- new to market at low price
  • Newmilns is a small burgh in East Ayrshire. It has a population of 3,057 people and lies on the A71 around seven miles east of Kilmarnock and 25 miles Southwest of Glasgow. EPC Rating - Band E

Listing view statistics

Last 30 days: 252 page views

Since listed: 1137 page views

Description

Excellent sized one bedroom tenanted flat within desirable residential pocket of newmilns. The property on offer is currently tenanted at £3,420 per annum offering a generous yield of 12%. Sale: 52-54, Nelson Street, Newmilns, KA16 9AP - £60,000. Property comprises - Entrance hallway, Livingroom, Kitchen, Bedroom, Bathroom and generous storage space - long term tenant that been in property for five years with all payments fully up to date - Professionally managed property - Excellent landlord investment to secure a well maintained flat close the town centre - Close proximities (Newmilns Primary School, Newmilns Snow & Sports Complex, Loudoun Gowf Club, Loudoun Academy, Tesco Superstore and much more). Sales evidence - 52-54, Nelson Street, Newmilns, Ayr KA16 9AP - £60,000 - 23, Nelson Street, Newmilns, Ayrshire KA16 9AP £42,000 - 45, Loudoun Road, Newmilns, KA16 9HJ - £54,500 - 30, Riverbank Street, Newmilns, Ayrshire KA16 9HL - £42,000. EPC Band E.

Newmilns and Greenholm is a small burgh in East Ayrshire, Scotland. It has a population of 3,057 people and lies on the A71, around seven miles east of Kilmarnock and twenty-five miles southwest of Glasgow. Newmilns, is set in the Irvine Valley, East Ayrshire and this wonderful building sits solidly by the river Irvine. Newmilns, is only 7 miles east of Kilmarnock on the A71,19 miles north of Ayr and 24 miles south of Glasgow, therefore it is a reasonable commute address for these areas

Auction Details
10 September 2019,7.00pm
Glasgow Radisson Hotel, 301 Argyle Street, G2 8DL

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Map & Nearby

Local Amenities

  • Kilmarnock 6.7 miles
  • Kilmaurs 8.1 miles
  • Newmilns Primary School 0.8 miles
  • Darvel Primary School 2 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Kilmarnock 6.7 miles
  • Kilmaurs 8.1 miles
  • Newmilns Primary School 0.8 miles
  • Darvel Primary School 2 miles

Market stats

Sale activity

Average estimated value for a flat in KA16:

  • £61,406
  • Price increase

  • £112
  • (0.183%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £25,700
  • Properties sold

    10

Rental opportunities

Looking for an investment? The average rent for a 1 bedroom flat in KA16 is currently:

£243 pcm

Recent sales nearby

See all recent sales in KA16
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Price history

Sold prices provided by Land Registry
24th May 2019 £22,000 Price reduced by £3,000
17th Apr 2019 £25,000 First listed
15th Oct 2008 £55,000 Last sold

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