Summary - 82 82 Loudoun Road, Newmilns, KA16 KA16 9HF
1 bed 1 bath Not Specified
**Key Features:**
- Price: £29,000; expected auction sale
- Spacious 1-bedroom ground floor flat
- Potential rental income of approx. £349/month (over 19% yield)
- Located in Newmilns, ideal for commuters (25 miles to Glasgow)
- Nearby amenities include schools, shops, and Dumfries House
- Current tenancy provides guaranteed income
- Property requires renovation and has been neglected
Discover the potential of this charming Victorian ground floor flat located in the quaint town of Newmilns. While the property is currently in a poor state and requires significant renovation, it presents a rare opportunity for investors with a guaranteed rental income already in place, projected at around £349 monthly, yielding an impressive over 19% return at the guide price of £29,000. The locale offers excellent transport links, making it a popular choice for commuters traveling to Glasgow, just 25 miles away.
Newmilns boasts a comfortable neighborhood with essential amenities such as schools, shops, and local leisure facilities, including the picturesque Dumfries House, perfect for family outings. Given the property's current condition, those seeking a renovation project will find the potential for customizing their ideal living space in this community, all while enjoying the security of immediate income. With properties like this rarely available, act quickly to seize this unique investment opportunity!
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