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Property Listing Details

1 bed flat for sale

24B, Mill Crescent, Newmilns, East Ayrshire KA169Bb KA16

  • Investment

£22,000

Property details

  • 1 bedroom

Features

  • Ex local authority end terraced one bedroom flat in building with secure main door entrance and entry buzzer system. Clean internal stairwell and front and rear gardens --- Affordable Price
  • Residential investment. Accommodation comprises: Entrance hallway, lounge, double bedroom, fully fitted modern kitchen and shower room. There is also gas central heating and double glazing throughout
  • --- Freehold Residential Sale --- Rental potential £4,200 per annum (£350 per month) offering a high yield of 16% rental return. Rare opportunity for landlord to secure property in walk in condition. Full one bedroom main door flat within popular East Ayrshire village of Newmilns
  • Local sales comparables - 17 Main Street, Newmilns, KA16 9HB - (£50,000 - 2 bed flat). 19, Main Street, Newmilns, KA16 9HB - £38,000. 9 Main Street, Newmilns, East Ayrshire, KA16 9HB - £36,000. 7, Main Street, Newmilns, Ayrshire KA16 9HB - £50,000. Popular Historic town. New UPVC windows and doors. Vacant Possession - Viewing Available
  • Modernised internally and building is not overlooked. Newmilns is an attractive Ayrshire destination and is popular with first time buyers and investors and benefits from excellent transport links to the main retail centres such as Ayr, Kilmarnock & Glasgow. Excellent Buy-to-Let Investment Property. EPC Rating - Band D

Listing view statistics

Last 30 days: 160 page views

Since listed: 388 page views

Description

Ground Floor 1 Bed Flat in a block of 4. Well maintained end terraced Building with a secure main door entrance with buzzer system, clean internal stairwell and front/rear gardens. Garden area to the rear is shared by the 4 Flats. Lovely manageable property with excellent rental potential circa £400 per month - £4,800 per annum. Vacant Possession ready to rent residential investment opportunity with vacant possession --- new to market --- Accommodation comprises: Entrance hallway, lounge, double bedroom, fully fitted modern kitchen and shower room. There is also gas central heating & double glazing throughout. Freehold residential investment at affordable price to ensure sale --- Freehold Residential Sale --- Rental potential £4,200 per annum (£350 per month) offering a high yield of 16% rental return. Rare opportunity for landlord to secure property in walk in condition. Full one bedroom main door flat within popular East Ayrshire village of Newmilns. EPC Rating - Band D

local sales comparables - 17 Main Street, Newmilns, KA16 9HB - (£50,000 - 2 bed flat). 19, Main Street, Newmilns, KA16 9HB - £38,000. 9 Main Street, Newmilns, East Ayrshire, KA16 9HB - £36,000. 7, Main Street, Newmilns, Ayrshire KA16 9HB - £50,000. Popular Historic town. New UPVC windows and doors. Vacant Possession - Modernised internally and building is not overlooked. Newmilns is an attractive Ayrshire destination and is popular with first time buyers and investors and benefits from excellent transport links to the main retail centres such as Ayr, Kilmarnock & Glasgow. Excellent Buy-to-Let Investment Property

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

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Map & Nearby

Local Amenities

  • Kilmarnock 7.1 miles
  • Kilmaurs 8.6 miles
  • Newmilns Primary School 1.3 miles
  • Darvel Primary School 1.5 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Kilmarnock 7.1 miles
  • Kilmaurs 8.6 miles
  • Newmilns Primary School 1.3 miles
  • Darvel Primary School 1.5 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:

£230 pcm

Recent sales nearby

See all recent sales in KA16
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Estimated running costs

Based on available 3rd party data

Approximate costs
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per month

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The Agent

Price history

Sold prices provided by Land Registry
14th Jun 2019 £22,000 First listed
27th Nov 2017 £23,500 Last sold

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