LOT 5

5 Main Street, Newmilns, KA16 9HB

Summary

Portfolio of 2 Properties Ground floor 1 bed & Upper 3 bed maisonette flat Potential Rental Value: 3 bed flat £550PCM, 2 Bed Flat £450PCM

Key features

Type
Flat Apartment
Bedrooms
4
Receptions
2
Bathrooms
2
Guide Price
£37,000

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Description

TWO PROPERTY PORTFOLIO for sale in busy east Ayrshire town. Both properties benefit from a great location for BTL with a steady need for rental property in this area. Both properties require a good amount of TLC so would suit an investor.

Both properties combined would look to achieve a rental income of around £1000PCM and a yield of over 14% if secured at the guide price of £37,000.

Newmilns offers a variety of local amenities, primary school, leisure facilities, dry ski slope and golf course. The local secondary school is only 2 miles away in the neighboring town of Galston. There is a regular bus service from the town into Kilmarnock and supermarket shopping is available in the neighboring town of Galston approximately 2 miles away. The uninterrupted scenic surroundings of the town provide access to many country walks through the countryside and the river Irvine which runs through the town.

For any further information, please contact the Wilsons Auctions Property Department.

Charges

What charges apply in this auction?

All lots are +VAT unless stated otherwise.

Auction details

Lot5
Land & Property Auction - Scotland & England
Wed 2nd Jul 2025 at 12:00PM /
Physical/LiveBid Auction

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