Initial price	£32,000
18/10/24	£22,000
26/10/24	£5,000
Price Change	-84.38%

Prime Property Auctions presents a rare BRRR opportunity in Newmilns, a sought-after area with a guide price of £32,000. The 1-bedroom flat requires renovation, but once completed, it could command a rental income of £6,000-£6,600 per annum, providing an exceptional gross yield of 18.7-20.6%. The property has been recently rewired and has a new boiler installed, making it an attractive opportunity for shrewd investors or developers. With its spacious garden and potential for modernization, this property is sure to appeal to those looking for a rare project with high yielding potential. The town of Newmilns offers a peaceful yet vibrant community atmosphere, with local shops, cafes, and pubs, as well as scenic surroundings and opportunities for outdoor activities.