This income-producing investment property is a one-bedroom freehold 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 settled, long-term tenant in place, who pays £399 per month, providing a generous return on investment of over 16%. The rent is lower than the local market rate, with a competitive rent of £450 per month for a one-bedroom property, making it an attractive opportunity for landlords and investors. The property is situated in a popular rental location, popular with commuters due to its proximity to Kilmarnock and Glasgow, and is being sold under auction terms and conditions. The seller is open to considering pre-auction offers, making it a unique opportunity for those looking to invest in a low-cost, high-yielding property.