122 Main Street, Newmilns, KA16 9DJ

Description

• PRIME NEW LISTING. We are excited to present this excellent refurbishment opportunity. Unique 3-bedroom Mixed Use property, located within a prime location in Newmilns, East Ayrshire

• ** 75a High Street, Newmilns KA16 9DZ Previously sold for £203,124. 12a Union Street, Newmilns KA16 AZ Previously sold for £185,000 **

• Property offers excellent potential for BRR strategy. Sure to appeal to shrewd investors looking for a renovation opportunity in a prime location, or owner-occupiers seeking a spacious home to put their own stamp on.

• The property is ideally situated in a prime location, just 13 minutes from the M77, giving great access to either Glasgow or Ayr.

• With the possibility of operating as Serviced Accommodation, the property could achieve rates from £115 per night. With a 70% monthly occupancy rate, the property could generate a remarkable income of £2,415 per month, which equates to £28,980 annually, subject to necessary planning consents. ** HIGH YIELD POTENTIAL **

PRIME NEW LISTING. Fantastic refurbishment opportunity, located in a prime location in Newmilns, East Ayrshire.

Property comprises:entrance hallway, living room, kitchen, bathroom, three large double bedrooms. Property also benefits from a Shop Front, large garden with spacious former workshop to the rear and ample storage throughout.

**HUGE POTENTIAL TO ADD VALUE**

With the possibility of operating as Serviced Accommodation, the property could achieve rates from £115 per night. With a 70% monthly occupancy rate, the property could generate a remarkable income of £2,415 per month, which equates to £28,980 annually, subject to necessary planning consents. ** HIGH YIELD POTENTIAL **

Property offers potential for BRR Strategy or flip and is sure to appeal to shrewd investors looking for a renovation opportunity in a prime location in East Ayrshire. 

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

** 75a High Street, Newmilns KA16 9DZ Previously sold for £203,124. 12a Union Street, Newmilns KA16 AZ Previously sold for £185,000 **

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

Location

Newmilns appeals to many people because it combines small-town community life with attractive countryside surroundings in the scenic Irvine Valley. It offers a quieter, generally more affordable alternative to larger Scottish towns and cities, while still providing access to everyday amenities, local shops, schools, and outdoor walking routes. Residents benefit from a strong sense of local identity and history, particularly its links to Scotland’s textile industry, and the town is within reasonable commuting distance of Kilmarnock and Glasgow, making it attractive to people who want a balance between rural living and access to employment, shopping, and cultural opportunities. 

Map

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.