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One-bedroom turn-key investment property
Newmilns, KA16 - Get Access
1 bed
1 bath
Description
Large one-bedroom property located in a popular buy-to-let location, offering a turn-key investment opportunity. The accommodation comprises an entrance hall, a spacious living room, a double bedroom, a kitchen, and a bathroom. The property benefits from double glazing and gas central heating, and is registered under council tax band B. Having recently been renovated, the property is presented in walk-in condition, featuring a contemporary design with significant potential for personal customisation and finishing touches. Situated on a popular street favoured by buy-to-let landlords and owner-occupiers alike, the property is located near a variety of local amenities including popular coffee shops, bars, and restaurants, with local schools nearby. Comparable local sales include 21 Queen's Crescent, Greenholm, Newmilns, which sold for £89,000, 17 Riverbank Street, Greenholm, Newmilns, which sold for £95,000, and 19 Covenanters Court, Newmilns, which sold for £75,000. The property is currently capable of achieving £425 per month (£5,100 per annum) in rental income, delivering an estimated gross yield of 16% based on the guide price of £32,000. This affordable investment is sure to appeal to landlords seeking high-yielding returns.
Comparable sales
No comparables available.
Estimated market value
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Range:
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Medium confidence
Floor Area Estimated: 520 sq ft
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