5 bedroom end of terrace house for sale

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5 bedroom end of terrace house for sale

, Loudoun Road, Portfolio of 4 Flats, Newmilns, KA169HF
£99,000

Price History

Initial price £116,000
29/03/24 £99,000
Price Change -14.66%

Description

The property for sale is a full building located in the village of Newmilns, 25 miles south of Glasgow and 7 miles east of Kilmarnock. The building comprises of 3 x 1 bedroom flats and 1 x 2 bed flat, all of which are vacant and have potential rental income of £1,650 per month (£19,800 per annum) based on local authority housing rates. The property is in a high demand rental location with potential combined rental income of £450 per month (£5,400 per annum) for the 2 bed property and £400 per month (£4,800 per annum) for the 1 bed flats. The area offers easy access to Glasgow via the M77 road network and is close to various amenities such as schools, restaurants, theater, hospital, and sports complex. The surrounding countryside offers opportunities for walking, cycling, and field sports, and there are several golf courses in the area, including the world-famous Turnberry, Prestwick, and Royal Troon.