34A Ladeside, Newmilns, Ayrshire, KA16 9BE
By Prime Property Auctions (Scotland) Ltd
£ 34,000
Reviews
2 out of 5 stars
Prime Property Auctions (Scotland) Ltd says ..
Prime Property Auctions New Entry. Large 1 bedroom tenanted property located in popular buy to let location. Currently Tenanted at £425. ***HIGH YIELDING INVESTMENT *** *** 34A Ladeside, Newmilns, Ayrshire KA16 9BE previously sold for £67,000 August 2022, 16, Isles Terrace, Newmilns, Ayrsh...
Property Oracle says ..
This 1-bedroom flat in Newmilns, Ayrshire is listed at £34,000. The property is currently tenanted, generating a rental income of £425 per month, making it potentially attractive to buy-to-let investors. The property’s previous sale price of £67,000 indicates a significant price reduction. The interior appears dated, requiring refurbishment to improve its aesthetic appeal and market value. The exterior is basic but seems structurally sound. The absence of detailed information regarding the property’s size, proximity to amenities, and condition prevents a thorough valuation and necessitates careful consideration before purchasing. The small outdoor space is shared, not private. Potential buyers should arrange a viewing and conduct thorough due diligence to assess all aspects before making a purchase decision. The listing’s emphasis on high rental yield suggests that the target market for this property is likely investors rather than owner-occupiers.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 4
- 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 %
- Average area rental value
- 1,425.00 £/moIncreased by 27.12 %
- Est rental Yield
- 5.39 %Increased by 40.73 %
- Crime Rate
- 0.00 %
Agent Activity
Prime Property Auctions (Scotland) Ltd created the listing.
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Union Street | £ 0 | 0 | 0.00 KM |
| Mill Road | £ 195,000 | 0 | 0.00 KM |
| Persian Sands | £ 59,995 | 0 | 0.00 KM |
| East Strand | £ 0 | 0 | 0.00 KM |
| Brown's Road | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Union Street, Newmilns, KA16 | £ 89,995 | BUY | 7 / 10 | 0.14 KM |
| Mill Crescent, Newmilns, KA16 | £ 65,000 | BUY | 6 / 10 | 0.14 KM |
| West Campbell Street, Newmilns, KA16 | £ 75,000 | BUY | 6 / 10 | 0.28 KM |
| 128A Main Street, Newmilns, KA16 9DJ | £ 35,000 | BUY | Unknown | 0.40 KM |
| East Church Court, Newmilns | £ 107,000 | BUY | 6 / 10 | 0.44 KM |