Loudoun Road, Newmilns, KA16
Wilsons Auctions Ltd logo

Loudoun Road, Newmilns, KA16

By Wilsons Auctions Ltd

£ 29,995

Reviews

1 out of 5 stars

Wilsons Auctions Ltd says ..

Cosy first 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 &poun...

Property Oracle says ..

The property at 52 Loudoun Road, Newmilns, KA16 9JG is a 1-bedroom, 1-bathroom apartment listed for £29,995. The provided image shows a terraced property in apparent need of significant repair and renovation. The exterior displays signs of disrepair, with visible damage to the brickwork and general neglect. Rubbish and debris are visible in front of the property. Given the condition of the property, it is likely that significant investment will be required to bring it up to a habitable standard.

The average property price in the area is substantially higher at £362,778, and the average price per square foot is £282. While the list price of this apartment is significantly lower, the lack of square footage data prevents a direct comparison using price per square foot. However, considering the property’s condition and the substantial renovation required, the list price, while seemingly low compared to area averages, may still not represent exceptional value. The absence of information regarding land size, location amenities (schools, transportation, shops), and the lack of precise details about the property’s internal condition hinder a more comprehensive evaluation. Further information is needed to provide a complete assessment of the property’s value.

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
3
Condition
2
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