• Prime Property Auctions is excited to bring to market this exceptional newly renovated 3 bed property, located within a prime location in Newmilns. * HOME REPORT £90,000 *
• *30, Riverbank Street, Newmilns, Ayrshire, KA16 9HL Previously sold for £125,000. 17, Clearmount Avenue, Newmilns, Ayrshire, KA16 9ER Previously sold for £210,000. 8, Mair Street, Newmilns, Ayrshire, KA16 9EN Previously sold for £192,500*
• Property offers Fantastic Capital growth potential. Sure to appeal to homeowners looking for a fantastic new modern home or to shrewd investors looking for an easily lettable property in a sought after location 
• For rental purposes, the property could attract a monthly rent of £575- £625 p/m (£6,900 - £7,500  p/a)) which would provide an excellent gross yield of between 8-9% based on a guide price of £78,500 - *HIGH YIELD POTENTIAL*
• Property is located near a whole host of local amenities, close to schools and public transport easily accessible. 

 

Prime Property Auctions NEW ENTRY. Prime Property Auctions is excited to bring to market this exceptional 2 bed property, located within a prime location in Newmilns. * HOME REPORT £90,000 *

Property comprises: Entrance hallway, living room, kitchen, dining area, bathroom, 3 Large double bedrooms. Property benefits from a conservatory and large garden to the rear of the property. Property has ample storage throughout and on street parking outside. 

Fantastic modern home, ideal for a family looking to move into a large spacious property in an up and coming area, close to schools and local amenities. 

Prime Opportunity for Property investors and owner occupiers looking for a property in an excellent location. Property requires little to no renovation and is ready to let. Fantastic Capital growth potential. Sure to appeal to investors looking for Rare auction property. 

Local sales evidence:

*30, Riverbank Street, Newmilns, Ayrshire, KA16 9HL Previously sold for £125,000. 17, Clearmount Avenue, Newmilns, Ayrshire, KA16 9ER Previously sold for £210,000. 8, Mair Street, Newmilns, Ayrshire, KA16 9EN Previously sold for £192,500*

For rental purposes, the property could attract a monthly rent of £575- £625 p/m (£6,900 - £7,500  p/a)) which would provide an excellent gross yield of between 8-9% based on a guide price of £78,500

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” button on our website.

This property is offered at a fantastic price to ensure an Auction sale.

The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

 

Location:

 

Newmilns, a small town nestled in the East Ayrshire region of Scotland, attracts residents and investors alike for several reasons. Its affordable housing market, set against the backdrop of Scotland's picturesque countryside, appeals to those seeking a balance between affordability and natural beauty. The town's strong sense of community fosters connections among residents, while historical landmarks like the Old Parish Church and Newmilns Tower add character and intrigue. Despite its size, Newmilns offers essential amenities and proximity to urban centers like Glasgow, making it convenient for daily living and commuting. For investors, the town presents opportunities in real estate development and tourism-related ventures, capitalizing on its historical significance and tranquil ambiance. Overall, Newmilns embodies the charm of rural Scotland, making it an attractive destination for both residents and investors seeking a peaceful yet vibrant lifestyle.