Studio flat for sale

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Studio flat for sale

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 tenanted 1-bedroom first-floor flat located in the commuter town of Newmilns, offering excellent access to Kilmarnock, Glasgow, Ayr, and Prestwick Airport. The property has been recently refurbished internally and comprises a lounge, modern kitchen, double bedroom, and bathroom. The settled long-term tenant has an excellent payment history and pays £375 per month, providing a potential yield of approximately 18%. The property is perfect for a landlord or investor looking for a generous return on a low-cost investment, and its location in Newmilns makes it a popular rental location for commuters. The property will be sold under auction terms and conditions, with pre-auction offers being considered.