Nelson Street, Newmilns KA16 1 bed flat for sale

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Nelson Street, Newmilns KA16 1 bed flat for sale

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.