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First Floor Flat, 27 Kilnholm Street... 1 bed flat for sale
First Floor Flat, 27 Kilnholm Street, Newmilns
£27,500
First Floor Flat, 27 Kilnholm Street, Newmilns
£27,500
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 one-bedroom first-floor flat located in the 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 tenant in place, who pays £375 per month (£4,500 per year), providing a potential yield of approximately 18%. The property has been recently refurbished internally and comprises a lounge, modern kitchen, double bedroom, and bathroom. The village of Newmilns is a popular rental location, attracting commuters due to its proximity to Kilmarnock, Ayr, and Prestwick Airport, as well as its easy access to Glasgow City Centre and the surrounding beaches. The property is being sold under auction terms and conditions, with the seller considering pre-auction offers.