This is an income-producing investment property, 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 yield of over 16%. The rent is low compared to the local market rate, with a competitive rent of £450 per month for a similar 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 that is popular with commuters due to its proximity to major towns and cities. The property will be sold under auction terms and conditions, with pre-auction offers being considered.