This income-producing investment property is a one-bedroom freehold flat located in the popular 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 potential yield of over 16%. The rent is lower than the local competitive rate of £450 per month, making it an attractive investment opportunity for landlords or investors seeking a generous return on a low-cost investment. The property is situated in a popular rental location, ideal for commuters, and is close to the M77, linking Ayrshire with Glasgow City Centre. The property will be sold under auction terms and conditions, with pre-auction offers being considered.