1/1 3 Nelson Street, Newmilns
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1/1 3 Nelson Street, Newmilns

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We have confidence in this estimated current valuation Updated recently
£13,000
Or £85 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Nov 1, 2019
£10,000
For Sale
Nov 26, 2019
£10,000

Property Description

Data accuracy has been checked and verified for this property.

Our analysis

Welcome to 1/1 3 Nelson Street, Newmilns, a cozy and compact flat type home with 1 bed in the KA16 9AP area. This lovely residence, which comes with the freedom and stability of a freehold ownership, and sits comfortably in tax band .

This classic property was built before 1919 and has a reported internal area of 45 internal square metres The local area is known for its high value-to-quality ratio - with a market valuation of £13,000 and a rental potential of £85 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to Nov 1, 2019. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

" For sale by auction on Thursday, 21 November 2019 at 14:00

Venue: Radisson Red, 25 Tunnel Street, Glasgow, G3 8HL

Being sold as part of a portfolio of two properties in the same block is this one bedroom first floor flat which is conveniently located close to the town centre and would make an ideal investment as a buy-to-let property offering a current rental yield of just over 17%.

Accommodation on offer comprises entrance hallway, lounge, kitchen, bedroom and bathroom. There is a communal garden to the rear and there is ample parking at the front of the property.
Being sold as part of a portfolio of two flats
Current rental yield of just over 17%
Excellent commuter location
Close to town centre and amenities
Ideal investment opportunity
Area
Newmilns offers a selection of shops catering for all requirements with more extensive shopping facilities available in the nearby town of Kilmarnock. Supermarket shopping is available within Galston and there is a regular bus service connecting Newmilns to both Galston and Kilmarnock. There are excellent road links with Newmilns offering easy access to both the M77 and the M74 Motorway via Stonehouse and Strathaven.

Viewings

Additional Fees
Administration Charge - Purchasers will be required to pay an auction fee of 1% of the purchase price subject to a minimum of ?3,000 inc VAT unless otherwise stated
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.

"

Property Data

Data point Compared to road

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £59 Try Mortgage Tracker
Energy £2,869 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
Nearby Stations
Kilmarnock Station
6.4mi
Kilmaurs Station
7.9mi
Stewarton Station
8.8mi
Auchinleck Station
9.6mi
Dunlop Station
10.6mi

Comparable properties

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Photos

Strengths and Opportunities

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Renovation improvements

๐Ÿค”
New Kitchen
This could increase your home value by £15,000
๐Ÿค”
New Bathroom
This could increase your home value by £5,000
๐Ÿค”
Air Conditioning
This could increase your home value by £7,000
๐Ÿค”
New Windows
This could increase your home value by £10,000
๐Ÿค”
Greener Home
This could increase your home value by £5,000

Cost improvements

๐Ÿค”
๐Ÿค”
Suggestion: Switch energy provider
Click here to view providers

Strengths

๐Ÿ˜€
Strength: Freehold ownership
This property has the support and stability of full freehold ownership.
๐Ÿ˜€
Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

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Frequently asked questions

  1. How much is 1/1 3 Nelson Street, Newmilns worth?

    1/1 3 Nelson Street, Newmilns is now worth £13,000 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 1/1 3 Nelson Street, Newmilns - click click here to get a valuation with no strings attached.

  2. What is the rental value of 1/1 3 Nelson Street, Newmilns?

    The current rental valuation for this property is £85 per month, within a price range of £76 and £93.

  3. How many bedrooms does 1/1 3 Nelson Street, Newmilns have?

    This property has 1 bedrooms. Search for nearby properties with 1 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 1/1 3 Nelson Street, Newmilns?

    Nearby schools in include

    Nearby stations in include Kilmarnock Station, Kilmaurs Station, Stewarton Station, Auchinleck Station, Dunlop Station.

  5. What type of property is 1/1 3 Nelson Street, Newmilns

    This is a Flat property. There are 5 other Flat properties on NELSON STREET, and 41 in total.

  6. When was 1/1 3 Nelson Street, Newmilns built? How old is 1/1 3 Nelson Street, Newmilns?

    1/1 3 Nelson Street, Newmilns was was built between before 1919.

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Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

Nearby locations

Kilmarnock, East Ayrshire Troon, South Ayrshire Irvine, North Ayrshire Kilwinning, North Ayrshire Beith, North Ayrshire Newmilns, East Ayrshire Darvel, East Ayrshire Cumnock, East Ayrshire Maybole, South Ayrshire