This income-producing investment property is a 1-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 low compared to the local market, with a competitive rental price of £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, with the added benefit of being in a popular rental location. The property will be sold under auction terms and conditions, with pre-auction offers being considered.