Sold subject to contract

Guide price

£12,000

1 bed flat for sale
0/1, 5 Brown Street, Newmilns, East Ayrshire KA16

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: E

  • Auction

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About this property

  • One bedroom ground floor flat within a traditional building

  • Full refurbishment required – ideal for investors or developers

  • Strong rental demand locally due to affordability and commuter access

  • Suitable for buy to let investors, first time buyers, or renovation projects

This property is being sold by livestream auction at 2PM on Thursday 21st may.
You can bid online, by telephone or by proxy. You must register to bid before 12.00 noon on Thursday 21st May.

How to register: Visit , uk/Scotland. Scroll down and click “Register to bid”. This will take you to Passport by eig, which is where we livestream our auctions. To create an account, click “sign up” and fill in all required details. You will receive an email once your registration is approved. If you need help registering to bid, please call the office.
To bid online on auction day: Log back in before 2pm on auction day, navigate to the lot you are interested in and click “bid now”.

One bedroom ground floor flat

A fantastic opportunity for investors, developers, or those seeking a renovation project. This one bedroom ground floor flat is located within a traditional building in the heart of Newmilns. The property requires full refurbishment throughout, offering excellent potential to add value and create a desirable rental unit or starter home.

The accommodation comprises an entrance hallway leading to a well proportioned living room, a kitchen, a double bedroom, and a bathroom. The layout provides a solid foundation for reconfiguration or modernisation, allowing a buyer to create a comfortable and appealing living space once works are completed.
This property presents a strong investment potential. Once renovated, it would be well suited to the local rental market, with demand in the area driven by affordability and commuter links to Kilmarnock and Glasgow. The Local Housing Allowance (lha) for a one bedroom property in East Ayrshire is £4,487 per annum, offering an attractive projected yield for buy to let investors. Council Tax Band A.

Newmilns is a small, historic town situated in the scenic Irvine Valley, known for its peaceful surroundings and strong community atmosphere. The town offers a range of local shops, cafés, and essential services, while larger supermarkets and retail options can be found in nearby Kilmarnock. Regular bus services provide convenient transport links across Ayrshire and towards Glasgow, making the area suitable for commuters.
Outdoor enthusiasts benefit from nearby walking routes, cycling paths, and the popular Newmilns Snow & Sports Complex. With its affordability and rural charm, the area appeals to first time buyers, downsizers, and renters alike.

Please note that these particulars have been prepared by us on the basis of information provided by our client. If there is any aspect of these particulars that you wish clarified or that you find misleading please contact the office where further information will be made available.

• No tests have been made of services, equipment or fittings.
• No warranty is given or implied as to the condition of buildings, services, fixtures, fittings etc.
• All measurements, distances and acres are approximate.
• Fixtures, fittings and other items are not included unless specified in these details.

This material is protected by the laws of copyright. The owner of the copyright is Auction House Scotland. The property sheet forms part of our database and is protected by the database rights and copyright laws. No unauthorised copying or distribution without permission. Auction House Scotland is revolutionising the sale of property in Scotland.

Remember, if you are buying a property which is being sold by Auction House Scotland you will normally be responsible for payment of a Buyer's Premium or Auction Fee of 3.6% of the purchase price subject to a minimum of £3600 inclusive of VAT. More details can be obtained on application.

Cybercrime Warning:
Please be aware that there is a significant risk posed by cyber fraud, specifically affecting email accounts and bank account details. Please note that our bank account details will not change during the course of A transaction and we will not change our bank details via email. Please be careful to check account details with us in person if in any doubt. We will not accept responsibility if you transfer money into an incorrect account.

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Property descriptions and related information displayed on this page are marketing materials provided by - Auction House Scotland. Zoopla 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 Auction House Scotland for full details and further information.