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
03/10/25	£25,500
11/10/25	£22,500
25/10/25	£20,500
31/10/25	£22,500
08/11/25	£20,500
14/11/25	£25,500
21/11/25	£22,500
28/11/25	£24,500
Price Change	-5.77%

This income-producing investment property is a one-bedroom, freehold flat located in the popular commuter town of Newmilns, offering excellent access to Kilmarnock, Glasgow, Ayr, and Prestwick Airport. The property is currently tenanted, with a long-term tenant paying £399 per month, providing a potential yield of over 16%. The rent is below the local market rate, with similar properties in the area renting for £450 per month. The property is ideal for a landlord or investor looking for a low-cost investment with a generous return. The village of Newmilns is a popular rental location, with easy access to Glasgow and other major towns and cities, making it an attractive option for commuters. The property will be sold under auction terms and conditions, with pre-auction offers being considered.