Find out what your property is worth in 60 seconds

Want to make an offer?

Success

Thank you for your offer on 24B Nelson Street, Newmilns, KA16 9AP

We will be in touch soon to discuss the next steps

You are making an offer on

24B Nelson Street, Newmilns, KA16 9AP

Guide Price

£22,000

Offer details

This value is auto-generated

Personal details
Contact details
Other details

By ticking this box and completing this form you hereby consent for Prime Property Auctions to bid on your behalf in accordance with our Terms and Conditions of Sale. If your offer is successful we will require payment of the necessary reservation deposit by bank transfer for which details and invoice will be provided upon acceptance by the seller.

Please sign below to confirm your offer

Guide Price

£22,000

See how much you could borrow

Flat

Residential

Vacant

24B Nelson Street, Newmilns, KA16 9AP

1

bed

1

bath

1

reception

Council tax: A

freehold

Available documents

Request documents

We just need a few details before we can share any documents with you

Contact details

Success

Thank you for your document request for 24B Nelson Street, Newmilns, KA16 9AP

We will be in touch soon

Deadline for offers closes in

Days

Hours

Minutes

Seconds

Attractive Residential Opportunity

Description

  • Prime Property Auctions is excited to present this excellent BRRR opportunity, a spacious 1 bed flat, located in the sought after area of Newmilns. Guide Price of £32,000

  • 12, Nelson Street, Newmilns, KA169AP sold for £89,000, 28, Brown Street, Newmilns, Ayrshire KA16 9AA sold for £60,0000

  • Once fully renovated, the property could command a rental income of 500 - 550 PCM / £6000 - £6600, which could provide an exceptional gross yield of 18.7- 20.6% based on guide price of £32,000. HIGH YIELDING POTENTIAL 

  • Property requires renovation, is guided at £32,000 to ensure prompt sale and is also

    under ADS threshold
  • Property requires renovation. Sure to appeal to shrewd investors or developers looking for a rare project and excellent BRRR opportunity.

Prime Property Auctions is excited to present this excellent BRRR opportunity, a spacious 1 bed flat, located in the sought after area of Newmilns. Guide Price of £32,000

Property Comprises: 

Hallway Entrance, 1 Bedroom, Bathroom, Kitchen, Living Room, Spacious Garden. Needs Modernisation/Renovation.

RECENTLY REWIRED AND NEW BOILER INSTALLED.

Historic Sales Evidence: 

12, Nelson Street, Newmilns, KA169AP sold for £89,000, 28, Brown Street, Newmilns, Ayrshire KA16 9AA sold for £60,0000***

Once fully renovated, the property could command a rental income of 500 - 550 PCM / £6000 - £6600, which could provide an exceptional gross yield of 18.7- 20.6% based on guide price of £32,000.

HIGH YIELDING POTENTIAL

Property requires renovation, is guided at £32,000 to ensure prompt sale and is also

under ADS threshold

Property requires light renovation. Sure to appeal to shrewd investors or developers looking for a rare project and excellent BRRR opportunity.

 

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, nestled in the beautiful Irvine Valley of East Ayrshire, is a historic town that blends its rich heritage with modern charm. Known for its traditional sandstone buildings and scenic surroundings, Newmilns offers a peaceful yet vibrant community atmosphere. The town centre features local shops, cafes, and pubs, while the nearby countryside provides plenty of opportunities for outdoor activities such as walking and cycling. Steeped in history, with roots in Scotland's weaving industry, Newmilns retains its unique character while offering the comforts of modern living. It’s an inviting place where history, nature, and community spirit come together.

Map

Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£11,000

Need help funding this purchase?

Finance is available on this property

Get Instant Decision

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.