King Street, Newmilns, East Ayrshire... 1 bed flat for sale

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King Street, Newmilns, East Ayrshire... 1 bed flat for sale

King Street, Newmilns, East Ayrshire, KA16 9DW
£24,500

Price History

Initial price £27,500
13/09/25 £24,500
03/10/25 £28,500
11/10/25 £25,500
17/10/25 £27,500
25/10/25 £24,500
Price Change -10.91%

Description

This vacant freehold property in Newmilns, a popular rental location, offers a significant investment opportunity with potential to add value and generate a high yield. Located just 10-15 minutes outside Kilmarnock and 30 minutes from Ayr, Troon, and Prestwick Airport, the property is well-positioned for commuters. The first-floor property requires refurbishment and modernization to realize its full potential, but this presents no major issues for professional or part-time developers. With a realistic potential rental of £425-£450 per month, the property offers an exceptional potential yield and outstanding return on investment. The property will be sold under auction terms and conditions, providing a low-cost investment opportunity.