1 bedroom flat for sale

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1 bedroom flat for sale

3 Nelson Street, Flat 1-1, Newmilns, KA16 9AP
£18,000

Price History

Initial price £26,000
18/10/24 £18,000
Price Change -30.77%

Description

Prime Property Auctions is excited to present a discounted 1-bedroom flat in the sought-after area of Newmilns, Ayrshire. The property, priced at £26,000, offers high yielding potential with a potential rental income of £4,800-£6,000 per annum, providing an exceptional gross yield of 18.7-23%. The flat is located near local amenities, including shops, bars, and restaurants, and is within walking distance to schools. The area has seen strong demand recently, with nearby properties selling for £89,000 and £60,000. The property is being sold under the Accelerated Sales Process (ADS) to ensure a quick sale and is open to immediate offers. The property will also feature in an upcoming timed online auction.