3-bedroom flat · KA16 9DJ
Listing removedListed 123 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PRIME NEW LISTING. We are excited to present this excellent refurbishment opportunity.
Unique 3-bedroom Mixed Use property, located within a prime location in Newmilns, East Ayrshire ** 75a High Street, Newmilns KA16 9DZ Previously sold for £203,124.
12a Union Street, Newmilns KA16 AZ Previously sold for £185,000 ** Property offers excellent potential for BRR strategy.
Sure to appeal to shrewd investors looking for a renovation opportunity in a prime location, or owner-occupiers seeking a spacious home to put their own stamp on.
The property is ideally situated in a prime location, just 13 minutes from the M77, giving great access to either Glasgow or Ayr.
With the possibility of operating as Serviced Accommodation, the property could achieve rates from £115 per night.
With a 70% monthly occupancy rate, the property could generate a remarkable income of £2,415 per month, which equates to £28,980 annually, subject to necessary planning consents.
** HIGH YIELD POTENTIAL ** PRIME NEW LISTING. Fantastic refurbishment opportunity, located in a prime location in Newmilns, East Ayrshire.
Property comprises: entrance hallway, living room, kitchen, bathroom, three large double bedrooms.
Property also benefits from a Shop Front, large garden with spacious former workshop to the rear and ample storage throughout.
**HUGE POTENTIAL TO ADD VALUE** With the possibility of operating as Serviced Accommodation, the property could achieve rates from £115 per night.
With a 70% monthly occupancy rate, the property could generate a remarkable income of £2,415 per month, which equates to £28,980 annually, subject to necessary planning consents.
** HIGH YIELD POTENTIAL ** Property offers potential for BRR Strategy or flip and is sure to appeal to shrewd investors looking for a renovation opportunity in a prime location in East Ayrshire.
The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.
Excellent sales evidence in the area: ** 75a High Street, Newmilns KA16 9DZ Previously sold for £203,124.
12a Union Street, Newmilns KA16 AZ Previously sold for £185,000 ** This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our "Offer NOW" button on our website.
This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction.
To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created, please contact the team.
Location: Newmilns appeals to many people because it combines small-town community life with attractive countryside surroundings in the scenic Irvine Valley.
It offers a quieter, generally more affordable alternative to larger Scottish towns and cities, while still providing access to everyday amenities, local shops, schools, and outdoor walking routes.
Residents benefit from a strong sense of local identity and history, particularly its links to Scotland's textile industry, and the town is within reasonable commuting distance of Kilmarnock and Glasgow, making it attractive to people who want a balance between rural living and access to employment, shopping, and cultural opportunities.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
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Returns
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Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs

FAQ
About 122 Main Street, Newmilns, KA16 9DJ
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