*Guide | £12,000 (plus fees)
- Flat
- 1 Bedroom
- Tenure: Freehold
Call the team on 0141 339 4466 for more information
One bedroom ground floor flat.
A fantastic opportunity for investors, developers, or those seeking a renovation project. This one bedroom ground floor flat is located within a traditional building in the heart of Newmilns. The property requires full refurbishment throughout, offering excellent potential to add value and create a desirable rental unit or starter home. The accommodation comprises an entrance hallway leading to a well proportioned living room, a kitchen, a double bedroom, and a bathroom. The layout provides a solid foundation for reconfiguration or modernisation, allowing a buyer to create a comfortable and appealing living space once works are completed. This property presents a strong investment potential. Once renovated, it would be well suited to the local rental market, with demand in the area driven by affordability and commuter links to Kilmarnock and Glasgow. The Local Housing Allowance (LHA) for a one bedroom property in East Ayrshire is £4,487 per annum, offering an attractive projected yield for buy to let investors. Council Tax Band A.
Tenure
Freehold
Area
Newmilns is a small, historic town situated in the scenic Irvine Valley, known for its peaceful surroundings and strong community atmosphere. The town offers a range of local shops, cafés, and essential services, while larger supermarkets and retail options can be found in nearby Kilmarnock. Regular bus services provide convenient transport links across Ayrshire and towards Glasgow, making the area suitable for commuters. Outdoor enthusiasts benefit from nearby walking routes, cycling paths, and the popular Newmilns Snow & Sports Complex. With its affordability and rural charm, the area appeals to first time buyers, downsizers, and renters alike.
Local Authority
East Ayrshire Council
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
Floor Plans
Click the image to view the full-sized floorplan.
