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
£27,500

Price History

Initial price £29,000
15/08/25 £27,500
Price Change -5.17%

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 currently tenanted and will be sold with a tenant in place, who pays £375 per month (£4,500 per year), providing a potential yield of approximately 18%. The flat has been recently refurbished internally and features a lounge, modern kitchen, double bedroom, and bathroom. With a settled long-term tenant having an excellent payment history, this 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, and is easily accessible from Glasgow City Centre via the M77.