BIDDING OPENS in...

Map & Location

Map   Street View   Satellite

Description

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

PRIME BUY TO LET 1 bedroom maisonette flat over 2 floors. Tenanted at £400 pcm (£4,800 per annum). Gas Central Heating and Double Glazing. Private Parking. PRIME BTL.

COMPRISES: Hallway, lounge, double bedroom, kitchen and bathroom. Traditional flat over two levels with parking. Perfect property for landlord looking for residential investment.

Excellent opportunity to purchase a traditional flat within a lovely stone building. Upon modernisation, excellent rental and capital growth potential.

Excellent rental potential of circa £4,800 per annum (£400 per month). Representing a 16% + Yield at the auction guide price. PRIME BUY TO LET.

Overall, sold prices in KA18 2PZ over the last year were 80% up on the previous year and 43% down on the 2019 peak of £47,000.

PRIME BUY TO LET 1 bedroom maisonette flat over 2 floors with excellent rental potential circa £400 pcm (£4,800 per annum). Gas Central Heating and Double Glazing. Private Parking. The popular conservation village of Ochiltree occupies an excellent location in East Ayrshire close to Cumnock and Auchinleck with easy access from Ayr and Kilmarnock. SUPER ACCESS FROM A71 and A77 road network. Overall, sold prices in KA18 2PZ over the last year were 80% up on the previous year and 43% down on the 2019 peak of £47,000. COMPRISES: Hallway, lounge, double bedroom, kitchen and bathroom. Traditional flat over two levels with parking. Perfect property for landlord looking for residential investment. Excellent rental potential of circa £4,800 per annum (£400 per month). Representing a 16% + Yield at the auction guide price.

Ochiltree is a desirable conservation village well located for easy access for the three principal towns or commuting to Glasgow and the central belt. The main town of Ayr is the foremost coastal town in south west Scotland and has superb sporting facilities including championship golf courses, sailing, game and sea fishing, etc. all within the immediate vicinity. Communications are excellent with electrified train service to Glasgow, airports at Prestwick and Glasgow and good road system for commuters. The main industrial belt is 30 miles distant. Ochiltree is a small village located in East Ayrshire, in the west of Scotland. It is situated around 5 miles from the town of Cumnock and 11 miles from the centre of Ayr. Ochiltree has a population of around 800 people. The village has a rich history, dating back to the medieval period, and is home to several historic buildings and landmarks, including the Loch Doon Castle and the Ochiltree Castle. It was once known as a center of the weaving industry in the area, and many of the village's traditional cottages and houses reflect this part of its history.

Full Address: 4B Mauchline Road, Ochiltree, Ayrshire, KA18 2PZ

Show More

Tenancy Details

Type of Agreement: Basic Lease
Length:
Rent: £4,800 per year / £400 per month
Yield: 18% (approx)
Tenant: Private Individual
Notes:

Document Downloads

Home Report (Available) Legal Pack (Available)

Pricing Information & Bidding

Opening Bid: £27,000

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).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

View Live Online Auction

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.

Submit Offer Now

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.

Payment Calculator

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.

Payment Calculator

Auction Details

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

View Full Auction Catalogue