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, with a settled long-term tenant paying £399 per month, providing a potential yield of over 16%. The rent is below the local market rate, with a competitive rental value of £450 per month for a one-bedroom property. The property is perfect for a landlord or investor looking for a generous return on a low-cost investment, and is located in a popular rental location with easy access to Glasgow and other major towns and cities. The property will be sold under auction terms and conditions, and pre-auction offers will be considered.