BIDDING OPENS in...

Description

  • Status: Available
  • Type: House
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 3
  • Council Tax: Search

***Tenanted investment property sold with sitting tenant***Current rental figure £650 pm / £7,800 pa which represents a yield of 14.18% based on current guide price***

***Semi detached villa comprising: entrance haway, lounge, kitchen, 3 bedrooms and bathroom***

***Semi detched villa***Freehold property*** Enclosed rear gardens***Double glazing***Gas central heating***

***Three Bedroom SEMI DETACHED HOUSE located within popular and peaceful semi-rural location. Ideal Investment Opportunity with tenant in place paying £650 per month. Freehold Residential Sale***

***Prime Location - New Cumnock provides essential amenities, local shops, as well as a local railway station that connects easily to nearby towns and cities, including Glasgow***

***Tenanted investment property sold with sitting tenant***Current rental figure £650 pm / £7,800 pa which represents a yield of 14.18% based on current guide price*** ***Semi detached villa comprising: entrance haway, lounge, kitchen, 3 bedrooms and bathroom*** ***Semi detched villa***Freehold property*** Enclosed rear gardens***Double glazing***Gas central heating*** ***Three Bedroom SEMI DETACHED HOUSE located within popular and peaceful semi-rural location. Ideal Investment Opportunity with tenant in place paying £650 per month. Freehold Residential Sale*** ***Prime Location - New Cumnock provides essential amenities, local shops, as well as a local railway station that connects easily to nearby towns and cities, including Glasgow*** ***Landlord has issued notice to terminate to tenant. the auctioneer cannot guarantee tenanted or vacant possession at the time of any purchase***

New Cumnock has a range of local shops and services, nursery and primary schooling, a health centre and a superb open air swimming pool (The Tamar Manoukian). Secondary schooling is available at Cumnock (about 6 miles). The county town of Ayr (20 miles) offers excellent amenities including a good private school, cinema, hospital and a wide range of shops and supermarkets. Glasgow city centre is some 44 miles distant and can be reached via the M77. The railway station at New Cumnock has regular connections to Glasgow. Prestwick Airport (24 miles) has frequent international flights. Ayrshire is renowned for its many golf courses including the world-famous facilities at Turnberry and Royal Troon. The popular racecourse in Ayr is host to the Scottish Grand National and there are exceptional yachting facilities at the Marinas in Troon, Largs and Inverkip. The enchanting Dumfries House Estate has a wonderful range of paths and walks and a café.

Full Address: 35 Lanehead Terrace, New Cumnock, KA18 4EW

Show More

Map & Location

Map   Street View   Satellite

Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Rolling
Rent: £7,800 per year / £650 per month
Yield: 18% (approx)
Tenant: Private Individual
Notes:

Document Downloads

  Legal Pack (Pending)

 * Click the above 'Pending' document link to log your request and we will notify you once available.

Pricing Information & Bidding

Opening Bid: £44,000

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

Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + 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.

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: 03 April 2025, 10am-3pm
Type: Timed Online Auction

View Full Auction Catalogue