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Description
- Status: Available
- Type: Flat
- Ownership: Freehold
- Occupation: Tenanted
- Bedrooms: 1
- Council Tax: Search
TENANTED INVESTMENT PROPERTY*** One bedroom flat within the popular Ayrshire town of New Cumnock.
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)
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***
The village of New Cumnock offers a range of amenities. Perfect investment property within HIGH DEMAND RENTAL LOCATION
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.
Tenancy Details
Type of Agreement: Basic LeaseLength:
Rent: £2,988 per year / £249 per month
Yield: 12% (approx)
Tenant: Private Individual
Notes: £249pcm
Maps & Location
Map Street View SatelliteThe 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
Document Downloads
Pricing Information & Bidding
Opening Bid: £25,000
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 & Conditions of Sale
- 10% Deposit (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- Buyers Fee = 1% of Sale Price (Minimum £2,500 + vat)
Use our DEPOSIT CALCULATOR to confirm the reservation deposit & buyers fee for this property at a specified bid level.
Calculate Deposit & Fee
STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer for each property which may differ in deposit amount, completion and buyers fee.
* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.
General Terms & Conditions of Sale
Lot Specific Terms - 73aCastle, New Cumnock