1 bedroom apartment for sale

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1 bedroom apartment for sale

52D Loudoun Road, Newmilns, KA16 9HF,
£5,000

Price History

Initial price £32,000
26/10/24 £5,000
Price Change -84.38%

Description

This large 1-bedroom property in Newmilns, Ayrshire, is a prime investment opportunity with amazing rental income potential. The property has recently been renovated and is in walk-in condition, featuring a contemporary design with significant potential for personal customization. With double glazing and gas central heating, it is ready to let and could achieve £425-£500 per month in rental income, providing a gross yield of 16-19% at the guide price of £32,000. The property is situated on a popular street for buy-to-let landlords and owner-occupiers, with local sales ranging from £39,000 to £48,000. The area offers a range of local amenities, including coffee shops, bars, and restaurants, as well as nearby schools. This property is an excellent opportunity for investors looking for a high-yielding investment, with the potential to generate significant returns.