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Description
- Status: Available
- Type: Flat
- Ownership: Freehold
- Occupation: Tenanted
- Bedrooms: 1
- Council Tax: Search
SUPER INVESTMENT OPPORTUNITY***. Tenanted 1 bedroom flat centrally located within the popular commuter town of Newmilns. Tenant paying £349pcm (£4,188 per annum).
Perfect investment property sold with sitting tenant paying £4,188 per annum (£349pcm) in HIGH DEMAND RENTAL LOCATION close to town centre and transport links. LOW RENT FOR AREA- Potentially £400pcm
PRIME 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
Located approximately 30 minutes from Glasgow, 10 minutes from Kilmarnock and 20 minutes from Prestwick International Airport. Super access to M77 and M74 motorways.
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.
SUPER INVESTMENT OPPORTUNITY***. Tenanted 1 bedroom flat centrally located within the popular commuter town of Newmilns. Tenant paying £349pcm (£4,188 per annum). Perfect investment property sold with sitting tenant paying £4,188 per annum (£349pcm) in HIGH DEMAND RENTAL LOCATION close to town centre and transport links. LOW RENT FOR AREA- Potentially £400pcm. PRIME 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. Located approximately 30 minutes from Glasgow, 10 minutes from Kilmarnock and 20 minutes from Prestwick International Airport. Super access to M77 and M74 motorways. 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.
Tenancy Details
Type of Agreement: Basic LeaseLength:
Rent: £4,188 per year / £349 per month
Yield: 21% (approx)
Tenant: Private Individual
Notes:
Maps & Location
Map Street View SatelliteNewmilns 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.
Document Downloads
Pricing Information & Bidding
Opening Bid: £20,000
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Terms & Conditions of Sale
- 10% Deposit (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- Buyers Fee = 2% of Sale Price (Minimum £2,500 + vat)
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STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer for each property which may differ in deposit amount, completion and buyers fee.
* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.
General Terms & Conditions of Sale
Lot Specific Terms - 52dLoudoun Road, Newmilns