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3 Nelson Street, Flat 1-1, Newmilns, KA16 9AP

Guide Price

£26,000

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Guide Price

£26,000

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Flat

Residential

Vacant

3 Nelson Street, Flat 1-1, Newmilns, KA16 9AP

1

bed

1

bath

1

reception

Council tax: A

freehold

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Discounted Residential Opportunity

Description

  • Prime Property Auctions is excited to present this excellent discounted residential property,  a spacious 1 bed flat, located in the sought after area of Newmilns. Guide Price of £26,000
  • 12, Nelson Street, Newmilns, KA169AP sold for £89,000, 28, Brown Street, Newmilns, Ayrshire KA16 9AA sold for £60,0000
  • The property could command a rental income of 400 - 500 PCM / £4800 - £6000, which could provide an exceptional gross yield of 18.7- 23% based on guide price of £26,000. HIGH YIELDING POTENTIAL
  • It has a guide of £26,000 to ensure a prompt sale and is also offered under ADS threshold.
  • Property is sure to appeal to shrewd investors looking for high yielding and easily lettable property in a sought after location
Prime Property Auctions is excited to present this excellent discounted residential property, a spacious 1 bed flat, located in the sought after area of Newmilns. ***Guide Price of £26,000** Property comprises:Entrance hallway, living room, WC, kitchen, 1 bedroom Sales Evidence: 12, Nelson Street, Newmilns, KA169AP sold for £89,000, 28, Brown Street, Newmilns, Ayrshire KA16 9AA sold for £60,0000 Property is priced under ADS to ensure a quick sale! Property is sure to appeal to shrewd investors looking for high yielding and easily lettable property in a sought after location Property is located near a whole host of local amenities including many popular coffee shops, bars, and restaurants, with local schools nearby. The local areas have seen some great sales recently showing that there is strong demand recently, should you wish to offer NOW, you can do so via our “Offer NOW” button on our website. This lot is open to immediate offers, and 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, located in the picturesque Irvine Valley, is a charming town that harmoniously blends its rich history with contemporary living. The town's streets are adorned with traditional sandstone buildings alongside modern homes, creating a captivating architectural mix. The welcoming town centre features a variety of local shops, inviting cafes, and friendly pubs, offering a delightful selection of goods and services. Known for its close-knit community, Newmilns greets every visitor with warmth and hospitality. Surrounded by beautiful countryside, Newmilns is an ideal spot for outdoor enthusiasts, offering scenic walking trails and lush green spaces. Experience the unique charm of Newmilns, where history and modernity coexist, and every visit feels like a warm welcome home.

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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

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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.