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1 bedroom flat for sale
King Street, Newmilns, East Ayrshire, KA16 9DW
£24,500
King Street, Newmilns, East Ayrshire, KA16 9DW
£24,500
Price History
Initial price | £27,500 |
13/09/25 | £24,500 |
Price Change | -10.91% |
Description
This vacant freehold property in Newmilns, a popular rental location near Kilmarnock, offers a significant investment opportunity with a realistic potential rental income of £425-£450 per month. The property, which comprises an entrance, lounge, double bedroom, kitchen, and bathroom, requires refurbishment and modernization to realize its full potential. Despite this, it is expected to provide an exceptional yield and outstanding return on investment. With easy access to Glasgow City Centre, the property is well-suited for commuters, and its location near the M77 motorway makes it a desirable spot. With a low cost and potential rental income, this property presents a fantastic opportunity for investors to add value and generate a strong return.