One-bedroom flat

This one-bedroom flat presents an excellent investment opportunity, centrally located within the popular commuter town of Newmilns. The property is currently tenanted, generating an income of £349 per calendar month, equating to £4,188 per annum. This presents a prime buy-to-let prospect in a high-demand rental area, with potential for increased rental income, possibly up to £400 per month. Newmilns, situated on the A71 arterial road, offers a wide range of local amenities, contributing to consistent tenant demand. The town provides convenient access to Kilmarnock, Ayr, Glasgow, and the M77 motorway, with Glasgow approximately 30 minutes away, Kilmarnock 10 minutes, and Prestwick International Airport 20 minutes. Primary and secondary schooling are available nearby. Kilmarnock offers extensive amenities including restaurants, a theatre, a hospital, a cinema, and a sports complex. The surrounding Irvine Valley features picturesque countryside with numerous country lanes ideal for walking, cycling, and horse riding, including the Burn Anne Walk. Opportunities for field sports are abundant, alongside salmon and trout fishing in local lochs and rivers. Ayrshire is renowned for its golf courses, such as Turnberry, Prestwick, and Royal Troon, with Loudon Golf Club in neighbouring Galston and Rowallan Castle’s golf course 10 miles away in Kilmaurs. Yachting facilities are available at Ardrossan, Largs, Inverkip, and Troon marinas. Dumfries House offers additional recreational options. The property is ideally positioned for transport links, including a regular train service from Kilmarnock to Glasgow and close proximity to Prestwick Airport. The current tenancy operates under a basic lease agreement with a private individual.