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Nelson Street, Newmilns KA16 1 bed flat for sale
          
            
              Nelson Street, Newmilns KA16
            
            
              £22,000
            
            
          
          
      
              Nelson Street, Newmilns KA16
            
            
              £22,000
            
            
          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 | 
| Price Change | -31.25% | 
Description
              Prime Property Auctions presents a spacious 1-bedroom flat in the sought-after area of Newmilns, Ayrshire, with a guide price of £32,000. The property requires renovation and is expected to command a rental income of £6,000-£6,600 per annum, providing a gross yield of 18.7-20.6% based on the guide price. The property has been recently rewired and has a new boiler installed, and its renovation potential is highlighted by comparable sales in the area, such as £89,000 for a similar property on Nelson Street and £60,000 for a property on Brown Street. The property is being sold to ensure a prompt sale and is under the ADS threshold, making it an attractive opportunity for shrewd investors or developers looking for a rare project and excellent BRRR opportunity.
            
             
      