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Studio flat for sale
First Floor Flat, 27 Kilnholm Street, Newmilns
£22,500
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.