1 Bedroom  Flat LOT 509

75a Castle, New Cumnock, KA18 4AG
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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 1
  • Council Tax: Search

SUPER TENANTED INVESTMENT PROPERTY*** One bedroom flat within the popular Ayrshire town of New Cumnock.

Local Sales Evidence; 9, Glebe Street, New Cumnock, KA18 4BE (2 bed) SOLD for £55,000 in June 2023*** 31, Lochview, New Cumnock, KA18 4DJ SOLD for £58,000 in April 2023***

SUPER BUY-TO-LET INVESTMENT PROPERTY*** High rental demand location. Currently LET at £249pcm - low rent - Realistic Rental potential of £450pcm (£5,400 Per Annum)

SUPER LOCATION within minutes of New Cumnock Train Station with super access to local amenities including primary school with supermarkets and shopping centre in neighbouring Cumnock.

The village of New Cumnock offers a range of amenities. Perfect investment property within HIGH DEMAND RENTAL LOCATION

TENANTED INVESTMENT PROPERTY*** One bedroom flat within the popular Ayrshire town of New Cumnock. Local Sales Evidence; 9, Glebe Street, New Cumnock, KA18 4BE (2 bed) SOLD for £55,000 in June 2023*** 31, Lochview, New Cumnock, KA18 4DJ SOLD for £58,000 in April 2023*** SUPER BUY-TO-LET INVESTMENT PROPERTY*** High rental demand location. Currently LET at £249pcm - low rent - Realistic Rental potential of £450pcm (£5,400 Per Annum). SUPER LOCATION within minutes of New Cumnock Train Station with super access to local amenities including primary school with supermarkets and shopping centre in neighbouring Cumnock. The village of New Cumnock offers a range of amenities. Perfect investment property within HIGH DEMAND RENTAL LOCATION

The village of New Cumnock offers a range of amenities and nursery and primary schooling. A superstore and secondary schooling can be found in the neighbouring town of Cumnock. New Cumnock also has excellent bus and rail links to all the major towns and cities. The ever popular historic mining town of Cumnock offers a range of retail and leisure facilities with the picturesque town centre as well as excellent transport links to Ayr and Kilmarnock afforded by rail and A76 road link

Full Address: 75a Castle, New Cumnock, KA18 4AG

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Tenancy Details

Type of Agreement: Basic Lease
Length:
Rent: £2,988 per year / £249 per month
Yield: 12% (approx)
Tenant: Private Individual
Notes:

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Pricing Information & Bidding

Opening Bid: £24,000

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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SPECIAL Terms of Sale

  • 10% Deposit
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

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Auction Details

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

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