Initial price	£32,000
18/10/24	£22,000
26/10/24	£5,000
14/11/24	£32,000
08/07/25	£22,000
29/09/25	£10,000
07/10/25	£22,000
12/10/25	£10,000
21/10/25	£22,000
27/10/25	£10,000
31/10/25	£22,000
10/11/25	£10,000
15/11/25	£22,000
23/11/25	£10,000
29/11/25	£22,000
01/12/25	£10,000
05/12/25	£22,000
Price Change	-31.25%

Prime Property Auctions presents a spacious 1-bedroom flat in the sought-after area of Newmilns, Ayrshire, with a guide price of £32,000. The property is currently tenanted at £425 per month and has the potential to command a rental income of £500-£550 per month, providing a high yield of 18.7-20.6% based on the guide price. The property requires renovation and has recently been rewired and has a new boiler installed. With historic sales evidence of nearby properties selling for £60,000 and £89,000, this property offers a rare BRRR opportunity for shrewd investors or developers. The property is located in a peaceful yet vibrant community, with local shops, cafes, and pubs in the town centre and scenic countryside nearby.