Studio flat for sale

>

Studio flat for sale

3 Nelson Street, Tenanted Investment, Newmilns
£22,500

Price History

Initial price £26,000
15/08/25 £24,500
22/08/25 £25,000
30/08/25 £24,500
05/09/25 £26,000
13/09/25 £22,500
19/09/25 £26,000
27/09/25 £23,500
03/10/25 £25,500
11/10/25 £22,500
25/10/25 £20,500
31/10/25 £22,500
08/11/25 £20,500
14/11/25 £25,500
21/11/25 £22,500
28/11/25 £24,500
06/12/25 £22,500
Price Change -13.46%

Description

This income-producing investment property is a one-bedroom, freehold flat located in the commuter town of Newmilns, offering excellent access to Kilmarnock, Glasgow, Ayr, and Prestwick Airport. The property is currently tenanted, with a settled long-term tenant paying £399 per month, providing a potential yield of over 16%. With a low rent for the area, this property offers a competitive return on investment, making it an attractive option for landlords and investors. The village of Newmilns is a popular rental location, with easy access to Glasgow and other major cities, making it an ideal location for commuters. The property will be sold under auction terms and conditions, with pre-auction offers being considered.