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32  St Cuthbert St, Flats A and C  Catrine, Ayrshire

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Special Terms of Sale

  • Buyers Fee (?) 3% of Sale Price (Minimum of £2000 +vat)

Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

Description

  • Status: Available
  • Type: Portfolio
  • Ownership: Freehold
  • Occupation: Tenanted

IMMEDIATE INCOME PRODUCING INVESTMENT. 2 x fully refurbished flats in excellent rental location in the historic Ayrshire town of Catrine by Mauchline. Immediate rental income-£10,800 per year

AMAZING INVESTMENT OPPORTUNITY. Properties have been refurbished to an excellent standard. All certification has been completed and is up to date. Fully vetted tenants with ALL PAYMENTS UP TO DATE.

32A This is a ground floor tenanted 2 bed fully refurbished flat rented at £450 pcm. Comprises entrance hall, bathroom with bath and shower over bath, fully fitted kitchen, lounge and 2 bedrooms.

32C This is a ground floor tenanted 2 bed fully refurbished flat rented at £450 pcm. Comprises entrance hall, bathroom with bath and shower over bath, fully fitted kitchen, lounge and 2 bedrooms.

EXCELLENT LOCATION within the historic town of Catrine- close to the town centre and transport links. Renovation has been completed on the full street making this an outstanding, NO HASSLE INVESTMENT

AMAZING INVESTMENT OPPORTUNITY. Properties have been refurbished to an excellent standard. All certification has been completed and is up to date. Fully vetted tenants with ALL PAYMENTS UP TO DATE. EXCELLENT LOCATION within the historic town of Catrine- close to the town centre and transport links. Renovation has been completed on the full street making this an outstanding, NO HASSLE INVESTMENT 32A This is a ground floor tenanted 2 bed fully refurbished flat rented at £450 pcm £5400 per annum. Accommodation comprises entrance hall, bathroom with bath and shower over bath, fully fitted kitchen, lounge and 2 bedrooms. The property benefits from gas central heating and double glazing. There is a secure door entry system and shared garden area to the rear of the property. There is also an outhouse with the flat. The flat has a current gas safety certificate, electrical certificate, EPC certificate and legionella risk assessment certificate. 32C This is a ground floor tenanted 2 bed fully refurbished flat rented at £450 pcm £5400 per annum. Accommodation comprises entrance hall, bathroom with bath and shower over bath, fully fitted kitchen, lounge and 2 bedrooms. The property benefits from gas central heating and double glazing. There is a secure door entry system and shared garden area to the rear of the property. There is also an outhouse with the flat. The flat has a current gas safety certificate, electrical certificate, EPC certificate and legionella risk assessment certificate. **All properties are fully compliant with current rental regulations** Super location in peaceful and secluded street in the historic village of Catrine approximately 2.5 miles from the larger town of Mauchline, Ayrshire in the heart of Robert Burns country.

Super location in peaceful and secluded street in the historic village of Catrine approximately 2.5 miles from the larger town of Mauchline, Ayrshire in the heart of Robert Burns country.Popular commuter location with easy access to Kilmarnock, Ayr, Prestwick and Troon. Major amenities available in nearby Auchinleck and Cumnock. Access to Glasgow City centre in approximately 45 minutes via the M77 Motorway. The village of Catrine offers a range of amenities including general stores, nursery and primary schooling. Secondary schooling is available in Cumnock and rail links are available in the neighbouring village of Auchinleck. This property is located in an area made up of a mixture of residential and commercial properties within the East Ayrshire Village of Catrine. The Village of Catrine is located around 5 miles from the major town of Mauchline and around 3.5 miles from Auchinleck where you'll be able to find a train station. Catrine also benefits from great transport links such as the A76 which will connect you to Glasgow in less than an hour.

Full Address: 32 St Cuthbert St, Flats A and C, Catrine, Ayrshire, KA5 6SW

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: long-term
Rent: £10,800 per year / £900 per month
Yield: 18% (approx)
Tenant: Private Individual
Notes: all payments up to date. Fully vetted tenants

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Pricing Information & Bidding

Opening Bid: £60,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £2,000 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

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Auction Details

Date & Time: 12 December 2024, 10am-3pm
Type: Timed Online Auction

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