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
£23,500

Price History

Initial price £29,000
15/08/25 £27,500
30/08/25 £23,500
Price Change -18.97%

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 has been recently refurbished and features a lounge, modern kitchen, double bedroom, and bathroom. The tenant is currently paying £375 per month, providing a potential yield of approximately 18%. The property is situated in a popular rental location, popular with commuters due to its proximity to Kilmarnock and Glasgow, as well as being close to Prestwick Airport. The seller is willing to consider pre-auction offers, making this a great opportunity for a landlord or investor looking for a low-cost investment with a generous return.