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
Price Change	-9.62%

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 and will be sold with a settled long-term tenant in place, who pays £399 per month, generating a potential yield of over 16%. The rent is below the local market rate, with a competitive rent of £450 per month for a one-bedroom property. The property is perfect for a landlord or investor looking for a generous return on a low-cost investment. Newmilns is a popular rental location, popular with commuters due to its proximity to Kilmarnock and easy access to Glasgow, Ayr, and Prestwick Airport. The property will be sold under auction terms and conditions, with pre-auction offers being considered.