Studio flat for sale

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Studio 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 and will be sold with a tenant in place, paying £375 per month (£4,500 per year), providing a potential yield of approximately 18%. The property has been recently refurbished internally and features a lounge, modern kitchen, double bedroom, and bathroom. With a long-term tenant having an excellent payment history, this property is perfect for a landlord or investor looking for a generous return on a low-cost investment. The location is popular with commuters, with Newmilns being just 10-15 minutes outside Kilmarnock and 30 minutes from Ayr, Troon, and Prestwick Airport.