Studio flat for sale

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Studio flat for sale

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
13/09/25 £26,500
19/09/25 £28,500
27/09/25 £24,500
03/10/25 £28,500
Price Change -1.72%

Description

This income-producing investment property is a 1-bedroom flat located in the commuter town of Newmilns, offering easy access to Kilmarnock, Glasgow, Ayr, and Prestwick Airport. The property is currently tenanted and will be sold with a settled long-term tenant who has an excellent payment history, paying £375 per month (£4,500 per year). The property has recently been refurbished and comprises a lounge, modern kitchen, double bedroom, and bathroom. With a potential yield of approximately 18%, this property is perfect for a landlord or investor looking for a generous return on a low-cost investment. The village of Newmilns is a popular rental location, with easy access to transport links, making it an attractive option for commuters.