Studio flat for sale

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Studio 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
25/10/25 £22,500
31/10/25 £27,500
08/11/25 £25,500
28/11/25 £28,500
06/12/25 £25,500
Price Change -12.07%

Description

This income-producing investment property is a one-bedroom flat located in the commuter town of Newmilns, offering excellent access to Kilmarnock, Glasgow, Ayr, and Prestwick Airport. The property is currently tenanted, with the tenant paying £375 per month (£4,500 per year), providing a potential yield of approximately 18%. The property has been recently refurbished and comprises a lounge, modern kitchen, double bedroom, and bathroom. The tenant has an excellent payment history and the property is expected to appeal to landlords and investors seeking a generous return on a low-cost investment. The location is popular with commuters, with easy access to Glasgow City Centre, beaches, and Prestwick Airport, making it an attractive investment opportunity.