Summary - King Street, Newmilns, KA16 KA16 9DW
1 bed 1 bath Apartment
High-yield central Newmilns rental with strong connectivity.
- One bedroom flat in Victorian redbrick terrace
- Guide price £35,000; sold at auction
- Estimated rent c. £400 pcm; high gross yield (~14%)
- Tenure unknown; tenancy status needs verification
- Small rooms with standard ceilings; likely cosmetic work needed
- Fast broadband and excellent mobile signal
- Central town location with local amenities nearby
- Area classified as very deprived; demand risk for some tenants
This compact one-bedroom flat sits within a Victorian redbrick terrace in central Newmilns, offered for sale at auction with a guide price of £35,000. Marketing information highlights an existing rental income stream and an estimated achievable rent of around £400 pcm, indicating a high gross yield for investors; buyers should verify tenancy status and rent details prior to purchase since records also note the property as vacant.
The accommodation is modest in scale with a sitting room, kitchen, bathroom and one bedroom, plus standard ceiling heights and traditional period windows. The building’s period character provides basic curb appeal, but the flat’s size and age mean some cosmetic updating or targeted refurbishment may be required to maximise returns or comfort. Broadband speeds are fast and mobile signal is excellent, supporting lettings and remote working.
Location is a practical selling point: central Newmilns amenities are a short walk away — shops, cafes, a library and local green spaces — with Kilmarnock and Glasgow within commuting distance and Prestwick Airport about 15 miles away. The surrounding area scores high on deprivation indices and has an ageing local workforce profile; investors should factor local demand dynamics into rental assumptions.
This lot is best suited to buy-to-let investors seeking a low-entry, high-yield opportunity in a period property. Material details requiring verification before bidding include current tenancy status, tenure (unknown), building condition, and any immediate maintenance needs or safety certifications.
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