99 Main Street, Newmilns, KA16 9DG
WE

99 Main Street, Newmilns, KA16 9DG

By We Auction Property

£ 35,000

Reviews

2 out of 5 stars

We Auction Property says ..

EXCELLENT OPPORTUNITY TO PURCHASE THIS READY LET INVESTMENT - ** Immediate Income 10% YIELD** Comprises; Entrance Hallway, Lounge, Kitchen, Bedroom and Bathroom. - Fully managed investment by local professional agent. - FULLY COMPLIANT The property is being sold as part of a portfolio along...

Property Oracle says ..

This property is a one-bedroom flat located in Newmilns, East Ayrshire. The listing highlights its potential as a ready-to-let investment property, indicating a possible high return on investment. The interior appears to have been recently refurbished, showing a modern kitchen and bathroom. The provided photos suggest a clean and well-maintained interior. The exterior image shows a building that might benefit from external maintenance, but the overall appearance is acceptable for the property type and location.

The absence of information regarding property size (square footage) and plot size limits a precise valuation. However, comparable properties in the area listed at similar prices and the reported rental yield suggest that the asking price of £35,000 is likely reasonable. More data on the property’s precise size, transport links, school proximity and amenities would improve the assessment. The lack of this data should be considered when deciding if this is a suitable investment.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
7
Location
6
Land
1
Bedrooms
1
Bathrooms
1

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
317,330.00 £
Decreased by 9.75 %
from 351,619.00 £
Average area rental value
1,425.00 £/mo
Increased by 27.12 %
from 1,121.00 £/mo
Est rental Yield
5.39 %
Increased by 40.73 %
from 3.83 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • We Auction Property created the listing.

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
East Strand £ 000.00 KM
Brown's Road £ 000.00 KM
Persian Sands £ 59,99500.00 KM
Union Street £ 000.00 KM
Borebrae Crescent £ 79,99500.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
99 Main Street, Newmilns, KA16 9DG £ 35,000BUY5 / 100.00 KM
King Street, Newmilns, East Ayrshire, KA16 £ 35,000BUY6 / 100.11 KM
102 Main Street, Newmilns, KA16 9DH £ 60,000BUYUnknown0.13 KM
Main Street, Newmilns, East Ayrshire, KA16 £ 80,000BUYUnknown0.18 KM
High Street, Newmilns, KA16 £ 109,995BUY6 / 100.19 KM