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1 bed Flat For Sale £24,000
3, Nelson Street, First Floor Flat, Newmilns KA169Ap KA16


Description
** sale by auction - 15 December 2022 **
Timed Online Auction .

*immediate income producing investment* Tenanted 1 bedroom property located close to the centre of the popular commuter town of Newmilns. Low rent with settled tenant paying £275pcm (£3,300 per annum). Super investment property. First floor flat with modern Double Glazing offering good yield in well-maintained building close to the town centre. Immediate rental income with potential to increase. Excellent rental yield at current rent with potential to increase rent to £350pcm (£4,200 per annum) in high demand rental location close to town centre amenities and transport links. Newmilns is located on the A71 arterial road and offers a wide range of amenities making it an extremely popular rental location with constant tenant demand. Perfect buy to let investment property approximately 30 minutes from Glasgow, 10 minutes from Kilmarnock and 20 minutes from Prestwick International Airport. Super access to M77 and M74 motorways.

Newmilns has both primary and secondary schooling available nearby. Private schooling is available at Wellington in Ayr and Belmont, Newton Mearns (14 miles). Kilmarnock has a wider range of amenities including restaurants, theatre, hospital, cinema and sports complex. The surrounding rolling countryside of the Irvine Valley offers a network of country lanes, ideal for walking, cycling and hacking. The popular Burn Anne Walk is a pleasant 5 mile circuit adjacent to the property. There are many opportunities for field sports in the area and some of southwest Scotland's finest salmon and trout fishing is available in the area's lochs and rivers. Ayrshire is renowned for its numerous golf courses including the world famous Turnberry, Prestwick and Royal Troon. The Loudon Golf Club is located just outside the neighbouring village of Galston and the world class ‘19’ hole golf course designed by Colin Montgomerie at Rowallan Castle, is 10 miles away in Kilmaurs. There are first class yachting facilities at the marinas of Ardrossan, Largs, Inverkip and Troon. Nearby Dumfries House offers excellent walks, gardens, a café and restaurant. The property is well positioned for easy access to Glasgow via the M77 (about 25 miles) and to Ayr (16 miles). Transport links within the area are excellent with a regular train service to Glasgow from Kilmarnock (7 miles) while Prestwick Airport is about 13 miles away.

Auction Details
15 December 2022,10am-3pm
Timed Online Auction, mega auction - Flats, Houses, Land & Commercial

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