Initial price	£26,000
15/08/25	£24,500
Price Change	-5.77%

This income-producing investment property is a one-bedroom, freehold flat located in the commuter town of Newmilns, offering easy access to Kilmarnock, Glasgow, Ayr, and Prestwick Airport. The property is currently tenanted, with a settled long-term tenant paying £399 per month, generating an excellent return on investment of approximately 16%. The rent is below the local market rate of £450 per month, making it a competitive and attractive investment opportunity for landlords and investors. The property is situated in a popular rental location, with Newmilns being a short commute to Kilmarnock and other major towns, and is linked to Glasgow City Centre and Prestwick International Airport via the M77. The property is being sold under auction terms and conditions, with pre-auction offers being considered.