OPENING BID

Timed Online Auction

27 January 2022, 10am-3pm

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  • TypeHouse
  • Ownership Freehold
  • Occupation Tenanted
  • Bedrooms 3
  • Council Tax Search SAA

Description

Full Address: 91 Barbieston Road, Auchinleck, KA18 2ED

Three Bedroom SEMI DETACHED House with sitting tenants paying 500 per month rental income. Short assured tenancy agreement with tenants looking to renew the current agreement.

RENTAL INCOME OF 500pcm (6,000 per annum) giving an impressive rental yield of 10% at guide price with potential for capital growth. Recently undergone a comprehensive internal refurbishment.

Property comprises Hallway, Lounge, Three Bedrooms, Kitchen and Bathroom. South Ayrshire town of Auchinleck. PERFECT BUY TO LET PROPERTY WITH SETTLED TENANT.

There are local shops and businesses close-by offering village style amenities. Glasgow is approximately 45 minutes drive away. SUPER PRICE. Area of High Tenant Demand.

Auchinleck is a popular Ayrshire town within commuting distance of Ayr and Kilmarnock. There are local shops and businesses close by, offering village style amenities. EPC - Band C.

LOCAL SALES EVIDENCE: 49 Aird Avenue, Auchinleck - 70,000. 31 Barbieston Avenue, Auchinleck - 40,518. 122, Barbieston Road, Auchinleck - 75,000. 70, Back Rogerton Crescent, Auchinleck, Cumnock 63,000. Popular Ayrshire village of Auchinleck with mainline train station. Property comprises Hallway, Lounge, Three Bedrooms, Kitchen and Bathroom. South Ayrshire town of Auchinleck. PERFECT BUY TO LET PROPERTY WITH SETTLED TENANT. SUPER PRICE AND INTERNAL CONDITION. M77 within 15 minutes. Positive Rental Location ** Popular Ayrshire village of Auchinleck with mainline train station. Excellent Buy-to-Let investment property in popular area. TENANT DETAILS: Short Assured Tenancy Agreement. RENTAL INCOME OF 500pcm (6,000 per annum) giving an impressive rental yield of 9% at guide price with potential for capital growth. EPC Rating - Band C.

The village of Auchinleck offers a range of amenities including supermarket shopping and primary schooling. Secondary schooling is available in the neighbouring town of Cumnock. For the commuter, the A76 leads onto the A77 which then gives access to Glasgow and the central belt, while Auchinleck train station offers a regular service to the north and south. Auchinleck is a popular Ayrshire town within commuting distance of Ayr and Kilmarnock. There are local shops and businesses close by, offering village style amenities. The nearest good sized town town is Cumnock. Glasgow is approximately 45 minutes drive away, with access to the M77 within 15 minutes. Cumnock itself boasts a range of amenities including a shopping mall, large supermarket and primary and secondary schooling. This property is ideally suited for first time buyer and/or buy-to-let investors.

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Tenancy Details

Type of Agreement: Short Assured Tenancy (SAT)
Length: Annual
Rent: 6,000 per year / 500 per month
Yield: 10% (approx)
Tenant: Private Individual
Notes: RENTAL INCOME OF 500 pcm (6,000 per annum) giving an impressive rental yield of 9% at guide price with potential for capital growth. Short Assured Tenancy Agreement.

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Location

Pricing Information & Bidding

Opening Bid: £46,000

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 2.5% of Sale Price (Minimum £2,500 + vat)

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

Auction Details

Date & Time: 27 January 2022, 10am-3pm
Type: Timed Online Auction

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