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First Floor Flat, 27 Kilnholm Street... 1 bed flat for sale
First Floor Flat, 27 Kilnholm Street, Newmilns
£22,500
First Floor Flat, 27 Kilnholm Street, Newmilns
£22,500
Our Summary
- The property will be sold under auction terms and conditions by Braveheart Auctions
- The seller has indicated that pre-auction offers will be considered for this lot
Description
This income-producing investment property is a tenanted 1-bedroom flat located in the commuter town of Newmilns, offering excellent access to Kilmarnock, Glasgow, Ayr, and Prestwick Airport. The property has recently been refurbished internally and comprises a lounge, modern kitchen, double bedroom, and bathroom. The settled long-term tenant pays £375 per month, providing a potential yield of approximately 18%. The property is ideal for a landlord or investor seeking a generous return on a low-cost investment. Newmilns is a popular rental location, with a 10-15 minute commute to Kilmarnock and 30 minutes to Ayr, Troon, and Prestwick Airport. The property will be sold under auction terms and conditions, with pre-auction offers considered.