Studio flat for sale

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Studio flat for sale

First Floor Flat, 27 Kilnholm Street, Newmilns
£24,500

Price History

Initial price £29,000
15/08/25 £27,500
30/08/25 £23,500
05/09/25 £28,500
13/09/25 £26,500
19/09/25 £28,500
27/09/25 £24,500
Price Change -15.52%

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 tenanted and the tenant pays £375 per month, providing a potential yield of approximately 18%. The property has recently been refurbished internally and comprises a lounge, modern kitchen, double bedroom, and bathroom. The tenant has a settled long-term payment history, making this a low-risk investment opportunity for landlords and investors. With its popularity as a rental location and proximity to transport links, this property is an excellent choice for those looking for a generous return on a low-cost investment.