This income-producing investment property is a 1-bedroom, freehold flat located in the commuter town of Newmilns, offering easy 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 lower than the local market rate, making it an attractive investment opportunity for landlords and investors. The property is situated in a popular rental location, popular with commuters due to its proximity to Kilmarnock and Glasgow. The seller is willing to consider pre-auction offers, making this a great opportunity for those looking for a low-cost investment with a generous return.