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
Price Change	-1.92%

This income-producing investment property is a 1-bedroom freehold flat located in the commuter town of Newmilns, offering excellent access to Kilmarnock, Glasgow, Ayr, and Prestwick Airport. The property is currently tenanted, with a settled long-term tenant paying £399 per month, providing a potential yield of over 16%. The rent is low compared to the local market, with a competitive rental price of £450 per month for a similar property. The property is ideal for a landlord or investor looking for a generous return on a low-cost investment, with the added benefit of being in a popular rental location. The property will be sold under auction terms and conditions, with pre-auction offers being considered.