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Nelson Street, First Floor Flat... 1 bed flat for sale
Nelson Street, First Floor Flat, Newmilns KA16
£16,000
Nelson Street, First Floor Flat, Newmilns KA16
£16,000
Price History
Initial price | £19,000 |
13/04/23 | £30,000 |
22/04/23 | £28,500 |
10/05/23 | £20,000 |
20/05/23 | £30,000 |
25/05/23 | £28,500 |
27/05/23 | £20,000 |
17/06/23 | £30,000 |
24/06/23 | £23,000 |
01/07/23 | £40,000 |
08/07/23 | £30,000 |
29/07/23 | £40,000 |
04/08/23 | £38,000 |
05/08/23 | £29,000 |
26/08/23 | £40,000 |
05/09/23 | £30,000 |
09/09/23 | £38,000 |
16/09/23 | £29,000 |
04/11/23 | £30,000 |
11/11/23 | £23,000 |
02/12/23 | £20,000 |
20/04/24 | £28,000 |
27/04/24 | £20,000 |
18/05/24 | £19,000 |
15/06/24 | £20,000 |
25/06/25 | £16,000 |
Price Change | -15.79% |
Description
This is an immediate income-producing investment property, a tenanted 1-bedroom flat located in the popular commuter town of Newmilns, close to the town centre. The property has a low rent of £275 per month, with a settled tenant, and offers a good yield in a well-maintained building. With potential to increase the rent to £350 per month, this property provides an excellent rental yield in a high-demand rental location, close to town centre amenities and transport links. The property is situated approximately 30 minutes from Glasgow, 10 minutes from Kilmarnock, and 20 minutes from Prestwick International Airport, with easy access to the M77 and M74 motorways. This is a perfect buy-to-let investment property with constant tenant demand.