Initial price	£32,000
18/10/24	£22,000
26/10/24	£5,000
14/11/24	£32,000
08/07/25	£22,000
Price Change	-31.25%

<|start_header_id|>assistant<|end_header_id|> Here's a summary of the property description in a single paragraph: A spacious 1-bedroom flat in Newmilns, Ayrshire, is being offered for sale at a guide price of £32,000. The property requires renovation and has the potential to generate a rental income of £6,000-£6,600 per annum, providing a gross yield of 18.7-20.6%. The property has recently been rewired and has a new boiler installed, and there is historic sales evidence of similar properties in the area selling for £60,000 and £89,000. The property is being sold to ensure a prompt sale and is under the ADS threshold, making it an attractive opportunity for shrewd investors or developers looking for a rare project. Located in the sought-after area of Newmilns, the property offers a peaceful yet vibrant community atmosphere, with local shops, cafes, and pubs in the town centre and plenty of opportunities for outdoor activities in the surrounding countryside.