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G/1, 3, Nelson Street, Newmilns, KA16 9AP

Guide price: £20,000.00|Auction date: 2020-01-30|Lot: -|Flat, Residential

PROPERTY DETAILS

ADDRESSG/1, 3 Nelson Street, Newmilns, KA16 9AP
TYPEFlat, Residential
TENUREFor Sale Freehold
TENANCYVacant
POSTED ON11th December 2019

DESCRIPTION

Portfolio of two

Being sold as part of a portfolio of two properties in the same block is this three bedroom ground floor flat which is conveniently located close to the town centre and would make an ideal investment as a buy-to-let property offering a potential rental yield of almost 26% (LHA Rates).

Tenure

Freehold

Accommodation on offer comprises entrance hallway, good sized lounge with direct access to rear garden via upvc door, modern fitted kitchen, three bedrooms and modern wet/shower room.

The specification of the property includes gas central heating by way of recent condensing combination boiler, double glazing and gardens to the rear. We are anticipating high volumes of interest due to the excellent potential yield on offer so early

Being sold as part of a portfolio of two flats

Potential rental yield of almost 26%

Excellent commuter location

Close to town centre and amenities

Ideal investment opportunity

Potential rental value £498pcm at LHA rates / £5,980pa

Area

Newmilns offers a selection of shops catering for all requirements with more extensive shopping facilities available in the nearby town of Kilmarnock. Supermarket shopping is available within Galston and there is a regular bus service connecting Newmilns to both Galston and Kilmarnock. There are excellent road links with Newmilns offering easy access to both the M77 and the M74 Motorway via Stonehouse and Strathaven.

Local Authority

East Ayrshire Council

Additional Fees

Administration Charge - Purchasers will be required to pay an auction fee of 1% of the purchase price subject to a minimum of £3,000 inc VAT unless otherwise stated

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Viewing Times

Please call Auction House Scotland on 0141 339 4466 to arrange a viewing

LOCATION

Location: G/1, 3 Nelson Street, Newmilns, KA16 9AP

Kilmarnock (6.6 miles)

Kilmaurs (8.3 miles)

Stewarton (8.9 miles)

AGENT'S DETAILS

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