Studio flat for sale

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Studio flat for sale

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

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
Price Change -5.17%

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 has an excellent payment history and pays £375 per month, 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, and its location in Newmilns makes it a popular rental location for commuters. The property will be sold under auction terms and conditions, with pre-auction offers being considered.