Loudoun Road, Newmilns, KA16
Wilsons Auctions Ltd logo

Loudoun Road, Newmilns, KA16

By Wilsons Auctions Ltd

£ 29,000

Reviews

1 out of 5 stars

Wilsons Auctions Ltd says ..

Cosy ground floor flat located in the town of Newmilns. This property comprises of a sitting room, kitchen, bathroom and one bedroom. This is currently tenanted with a guaranteed rental return monthly already in place. This property would look to achieve a rental income of around &pou...

Property Oracle says ..

The property located at Loudoun Road, Newmilns, KA16, is a one-bedroom, one-bathroom property listed at £29,000. The average price for properties in the area is significantly higher at £362,778, with an average price per square foot of £282. However, the provided listing does not specify the square footage of the property, making a direct price comparison difficult. The property appears to be in need of significant renovation, as evidenced by the exterior image showing disrepair and a cluttered front garden. The lack of information regarding land size and proximity to amenities like schools and transportation prevents a full assessment of these factors. Given the apparent condition of the property and the significant difference between the list price and the average area price, further investigation into the property’s condition and square footage is recommended before making an informed decision. The low list price may reflect the extensive renovation required.

Therefore, we give this property 2 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
2
Condition
3
Location
0
Land
0
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

  • Wilsons Auctions Ltd created the listing.

Images

Picture No. 01

Nearby Streets

NameAverage PriceAverage SqftDistance
Regents Court £ 000.00 KM
Queen's Crescent £ 109,99500.00 KM
Borebrae Crescent £ 79,99500.00 KM
Brown's Road £ 000.00 KM
Strath Crescent £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
52D Loudoun Road, Newmilns, East Ayrshire, KA16 9HF £ 28,750BUY5 / 100.00 KM
Loudoun Road, Newmilns, KA16 £ 29,995BUY2 / 100.00 KM
52 Loudoun Road, Ground Floor Flat, Newmilns, East Ayrshire, KA16 9HF £ 26,000BUY6 / 100.00 KM
52A Loudoun Road, Ground Floor Flat, Newmilns, East Ayrshire, KA16 9HF £ 34,000BUY6 / 100.00 KM
Loudoun Road, Newmilns, KA16 £ 95,000BUY6 / 100.00 KM