Studio flat for sale

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Studio flat for sale

3 Nelson Street, Tenanted Investment, Newmilns
£19,500

Price History

Initial price £26,000
15/08/25 £24,500
22/08/25 £25,000
30/08/25 £24,500
05/09/25 £26,000
13/09/25 £22,500
19/09/25 £26,000
27/09/25 £23,500
03/10/25 £25,500
11/10/25 £22,500
25/10/25 £20,500
31/10/25 £22,500
08/11/25 £20,500
14/11/25 £25,500
21/11/25 £22,500
28/11/25 £24,500
06/12/25 £22,500
30/12/25 £19,500
Price Change -25.00%

Description

This income-producing investment property is a one-bedroom, freehold flat located in the commuter town of Newmilns, offering excellent access to Kilmarnock, Glasgow, Ayr, and Prestwick Airport. The property is currently tenanted, with a settled long-term tenant paying £399 per month, providing a potential yield of over 16%. The rent is below the local market rate, making it a competitive investment opportunity for landlords and investors. The property is situated in a popular rental location, popular with commuters due to its proximity to Kilmarnock and the M77, which links Ayrshire to Glasgow City Centre. The property will be sold under auction terms and conditions, with pre-auction offers being considered.