First Floor Flat, 27 Kilnholm Street... 1 bed flat for sale

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First Floor Flat, 27 Kilnholm Street... 1 bed flat for sale

First Floor Flat, 27 Kilnholm Street, Newmilns
£25,500

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
03/10/25 £28,500
11/10/25 £25,500
Price Change -12.07%

Description

This income-producing investment property is a tenanted 1-bedroom first-floor flat located in the commuter town of Newmilns, offering excellent access to Kilmarnock, Glasgow, Ayr, and Prestwick Airport. The property has been recently refurbished internally and comprises a lounge, modern kitchen, double bedroom, and bathroom. The settled long-term tenant pays £375 per month (£4,500 per year), providing a potential yield of approximately 18%. The property is perfect for a landlord or investor looking for a generous return on a low-cost investment. Newmilns is a popular rental location, popular with commuters due to its proximity to Kilmarnock, Ayr, Troon, and Prestwick Airport, as well as its easy access to Glasgow City Centre and Prestwick International Airport. The property will be sold under auction terms and conditions, with the seller considering pre-auction offers.