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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 1
  • Council Tax: Search

PRIME INVESTMENT PROPERTY. Tenanted 1 bedroom, FIRST FLOOR flat located in the centre of the popular commuter town of Newmilns. Tenant paying £250pcm (£3,200 per annum). Perfect investment.

PERFECT BUY TO LET PROPERTY with excellent rental prospects in HIGH DEMAND RENTAL LOCATION. Ideal location for access to Kilmarnock/ Ayr/ Glasgow/ M77 motorway. Close to all local amenities

Perfect investment property sold with sitting tenant paying £3,200 per annum (£250pcm) in HIGH DEMAND RENTAL LOCATION close to town centre and transport links. LOW RENT FOR AREA- Potentially £400pcm

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.

PRIME INVESTMENT PROPERTY. Tenanted 1 bedroom, FIRST FLOOR flat located in the centre of the popular commuter town of Newmilns. Tenant paying £250pcm (£3,200 per annum). Perfect investment. PERFECT BUY TO LET PROPERTY with excellent rental prospects in HIGH DEMAND RENTAL LOCATION. Ideal location for access to Kilmarnock/ Ayr/ Glasgow/ M77 motorway. Close to all local amenities. Perfect investment property sold with sitting tenant paying £3,200 per annum (£250pcm) in HIGH DEMAND RENTAL LOCATION close to town centre and transport links. LOW RENT FOR AREA- Potentially £400pcm 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.

Full Address: 57D Loudoun Road, Newmilns, KA16 9HJ

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: rolling
Rent: £3,200 per year / £267 per month
Yield: 16% (approx)
Tenant: Private Individual
Notes:

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Pricing Information & Bidding

Opening Bid: £20,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 02 May 2024, 10am-3pm
Type: Timed Online Auction

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