Initial price	£27,000
29/03/25	£22,000
Price Change	-18.52%

This vacant freehold property in Newmilns, a popular rental location, offers a lucrative investment opportunity with a realistic potential rental income of £425-£450 per month. The first-floor property, which requires refurbishment and modernization, is situated just 10-15 minutes from Kilmarnock and 30 minutes from Ayr, Troon, and Prestwick Airport, making it an attractive option for commuters. With easy access to the M77, it's only 40 minutes from Glasgow City Centre. The property is being sold under auction terms and conditions, providing a low-cost investment opportunity with the potential for a high yield. With a bit of TLC, the property could be transformed to realize its full potential, making it an exceptional return on investment for professional or part-time developers.