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Nelson Street, Newmilns KA16 1 bed flat for sale
24B Nelson Street, Newmilns, KA16 9AP
£10,000
24B Nelson Street, Newmilns, KA16 9AP
£10,000
Price History
| Initial price | £32,000 |
| 18/10/24 | £22,000 |
| 26/10/24 | £5,000 |
| 14/11/24 | £32,000 |
| 08/07/25 | £22,000 |
| 29/09/25 | £10,000 |
| 07/10/25 | £22,000 |
| 12/10/25 | £10,000 |
| 21/10/25 | £22,000 |
| 27/10/25 | £10,000 |
| 31/10/25 | £22,000 |
| 10/11/25 | £10,000 |
| 14/11/25 | £22,000 |
| 23/11/25 | £10,000 |
| Price Change | -68.75% |
Description
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 and is expected to generate a rental income of £6,000-£6,600 per annum, providing a gross yield of 18.7-20.6%. The property has recently been rewired and has a new boiler installed, making it an attractive option for shrewd investors or developers. With historic sales evidence showing similar properties in the area selling for £60,000 and £89,000, this property offers high-yielding potential. The property is open to immediate offers and will feature in a timed online auction, providing a fantastic opportunity to secure a property at a competitive price.