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Studio flat for sale
First Floor Flat, 27 Kilnholm Street, Newmilns
£28,500
First Floor Flat, 27 Kilnholm Street, Newmilns
£28,500
Price History
Initial price | £29,000 |
15/08/25 | £27,500 |
30/08/25 | £23,500 |
05/09/25 | £28,500 |
Price Change | -1.72% |
Description
This income-producing investment property is a 1-bedroom first-floor flat located in the commuter town of Newmilns, offering excellent access to Kilmarnock, Glasgow, Ayr, and Prestwick Airport. The property is tenanted with a settled long-term tenant who has an excellent payment history, paying £375 per month (£4,500 per year), providing a potential yield of approximately 18%. The property has been recently refurbished internally and comprises a lounge, modern kitchen, double bedroom, and bathroom. The location is popular with commuters, with easy access to Glasgow City Centre, beaches, and Prestwick Airport, making it an attractive investment opportunity for landlords and investors seeking a generous return on a low-cost investment.