Studio flat for sale

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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
Price Change -13.46%

Description

This income-producing investment property is a 1-bedroom, freehold flat located in the commuter town of Newmilns, offering excellent access to major cities and airports. The property is currently tenanted and will be sold with a settled tenant in place, paying £399 per month, providing a potential yield of over 16%. The rent is low compared to the local market rate, making it an attractive investment opportunity for landlords and investors. Newmilns is a popular rental location, with easy access to Kilmarnock, Glasgow, Ayr, and Prestwick Airport, making it an ideal location for commuters. The property will be sold under auction terms and conditions, with pre-auction offers being considered.