First Floor Flat, 27 Kilnholm Street... 1 bed flat for sale

>

First Floor Flat, 27 Kilnholm Street... 1 bed flat for sale

First Floor Flat, 27 Kilnholm Street, Newmilns
£25,500

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 been recently refurbished and comprises a lounge, modern kitchen, double bedroom, and bathroom. The tenant pays £375 per month, providing an excellent return on investment with a potential yield of approximately 18%. The property is in a popular rental location, popular with commuters, and is close to transport links, making it an attractive investment opportunity for landlords or investors looking for a generous return on a low-cost investment.