First Floor Flat, 27 Kilnholm Street... 1 bed flat for sale

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First Floor Flat, 27 Kilnholm Street... 1 bed flat for sale

First Floor Flat, 27 Kilnholm Street, Newmilns
£22,500

Price History

Initial price £29,000
15/08/25 £27,500
30/08/25 £23,500
05/09/25 £28,500
13/09/25 £26,500
19/09/25 £28,500
27/09/25 £24,500
03/10/25 £28,500
11/10/25 £25,500
25/10/25 £22,500
Price Change -22.41%

Description

This income-producing investment property is a one-bedroom first-floor flat located in the commuter town of Newmilns, offering excellent access to Kilmarnock, Glasgow, Ayr, and Prestwick Airport. The property is currently tenanted, with the tenant paying £375 per month (£4,500 per year), providing a potential yield of approximately 18%. The property has recently been refurbished internally and features a lounge, modern kitchen, double bedroom, and bathroom. With a settled long-term tenant and excellent payment history, this property is an attractive opportunity for landlords and investors seeking a generous return on a low-cost investment. Newmilns is a popular rental location, with easy access to Glasgow City Centre, beaches, and Prestwick Airport, making it an ideal choice for commuters.