Flat for sale in Main Street, Newmilns, East Ayrshire KA16

Guide price £5,000
1 1
Interested in this property? Call +44 141 376 7556 * or Request Details

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Property features

  • Top Floor Flat
  • Traditional One Bedroom
  • Ayrshire Town Location
  • Buy to Let Opportunity
  • Excellent Yield Potential
  • Renovation Works Required

Property description

A one bedroom traditional flat situated in the town of Newmilns in East Ayrshire. An excellent opportunity for a buy to let investor with a high yield potential.
Requires full renovation works. All viewings will be conducted by Auction Property Scotland.

Sales evidence:

140 Main Street, Newmilns sold May 2017 £17,000
5 Nelson Street, Newmilns sold March 2017 £27,000
29 Brown Street, Newmilns sold July 2016 £14,500

This property is for sale under conditional auction terms – this allows a buyer friendly method of purchase. We do not require the purchaser to immediately sign the Minute of Preference and Enactment, but instead allow 28 days to achieve conclusion of missives and a further 28 days thereafter to complete the purchase. Allowing the additional time to conclude missives means interested parties can proceed with mortgage finance. Upon close of a successful auction or if the vendor accepts an offer prior or post auction, the buyer will be required to pay a non-refundable reservation Fee of 2.5% to a minimum of £2,500.00 + VAT = (£3,000.00) which secures the property and takes it off the market.. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed.

Nearby transport

  • Kilmarnock (6.8 miles)
  • Kilmaurs (8.3 miles)
  • Stewarton (9.2 miles)
  • Glasgow Prestwick Airport (12.3 miles)
  • Glasgow Airport (18.8 miles)
  • Edinburgh Airport (44.1 miles)
  • Troon Ferry Terminal (14.6 miles)
  • Ayr Compass Pier (15.7 miles)
  • Broomielaw Quay Ferry Terminal (17.4 miles)

Nearby schools

View all schools in East Ayrshire
  • Newmilns Primary School (1.1 miles)
  • Darvel Primary School (1.8 miles)
  • Galston Primary School (2.4 miles)
  • Loudoun Academy (2.2 miles)
  • James Hamilton Academy (5.8 miles)
  • St Joseph's Academy (6.3 miles)
  • Witchhill School (6.9 miles)
  • Daldorch House School (7.2 miles)
  • Belmont House School (12.1 miles)
Note: Distance is shown as a straight line measurement

Local info for East Ayrshire

About the neighbours in KA16

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For more information about this property, please contact
SoldFast, KA9 on +44 141 376 7556 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by SoldFast, and do not constitute property particulars. Please contact SoldFast for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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