Summary - 27, KILNHOLM STREET, NEWMILNS KA16 9HD
1 bed 1 bath Flat
Low-cost, income-producing flat for hands-off investors near transport links.
Tenanted investment producing £4,500 pa (tenant in situ)
A compact, high-yield investment in Newmilns, offered with a long-term tenant paying £4,500 per year. Recently refurbished internally, the first-floor studio/one-bedroom flat is ready to continue producing income from day one and sits in a popular commuter location with direct road links to Kilmarnock, Glasgow and Prestwick Airport.
The property is freehold and sold at auction with tenant in situ — an opportunity for an investor seeking low-management outlay and immediate rental return. The block shows period stone character externally while the interior presents a modern, minimalist finish including a fitted kitchen and contemporary bathroom.
Buyers should note material facts: the area is classified as very deprived, broadband speeds are slow, and rooms are small. The flat suits someone prioritising yield and low purchase price over space or high-spec amenities. Mobile signal is excellent and local amenities and transport links make the location appealing to commuters.
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