This is an income-producing investment property located in the popular rental location of Newmilns, a commuter town with easy access to Kilmarnock, Glasgow, Ayr, and Prestwick Airport. The property is a one-bedroom, freehold flat on the first floor, which is currently tenanted and generating a monthly income of £399, with a long-term tenant in place. The property offers a potential yield of over 16%, with a low rent compared to the local market, which is £450 per month for a similar property. The property is ideal for a landlord or investor looking for a generous return on a low-cost investment, and is being sold under auction terms and conditions by Braveheart Auctions. The seller is open to pre-auction offers, making this an excellent opportunity for those looking to invest in a stable and lucrative property.