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Studio flat for sale
First Floor Flat, 27 Kilnholm Street, Newmilns
£23,500
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 is currently tenanted and will be sold with a settled long-term tenant who pays £375 per month (£4,500 per year), providing a potential yield of approximately 18%. The flat has recently been refurbished internally and comprises a lounge, modern kitchen, double bedroom, and bathroom. With a popular rental location and close proximity to transport links, this property is perfect for a landlord or investor looking for a generous return on a low-cost investment.