House For Sale £54,000
- Prime Property Auctions is excited to bring to market this excellent 3 bedroom terraced property located within a prime buy to let location in Cumnock - *HOME REPORT £75,000*
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*16 Phillips Wynd, Cumnock, Ayrshire, KA18 3BT Previously sold for £137,500. 172, Holmburn Road, Cumnock, Ayrshire, KA18 3EQ Previously sold for £197,000. 2 Penders Wynd, Cumnock, Ayrshire, KA18 3BS Previously sold for £197,000* -
Property offers Fantastic Capital growth potential. Sure to appeal to shrewd investors looking for a turnkey investment property located in a sought after location buy to let location in a busy Ayrshire Village - *CASH FLOW FROM DAY ONE* -
For rental purposes, the property is currently tenanted at £475 per calendar month (£5,700 p/a) which provides an attractive 10% gross yield based on the guide price of £54,000 - *HIGH YIELDING INVESTMENT* -
Property is located nearby schools and local amenities, with public transport and train station easily accessible nearby - *PRIME BUY TO LET LOCATION*
Prime Property Auctions NEW ENTRY. Excellent 3 bedroom terraced property located within a prime buy to let location in Cumnock - *HOME REPORT £75,000*
Property comprises: Entrance hallway, living room, kitchen, 3 large double bedrooms, bathroom. Property benefits from ample storage throughout.
For rental purposes, the property is currently tenanted at £475 per calendar month (£5,700 p/a) which provides an attractive 10% gross yield based on the guide price of £54,000 - *HIGH YIELDING INVESTMENT*
Prime Opportunity for Property investors looking for a property in an excellent location. Property benefits from immediate cash flow from the tenant in situ. Fantastic Capital growth potential. Sure to appeal to investors looking for Rare auction property.
Local sales evidence:
*16 Phillips Wynd, Cumnock, Ayrshire, KA18 3BT Previously sold for £137,500. 172, Holmburn Road, Cumnock, Ayrshire, KA18 3EQ Previously sold for £197,000. 2 Penders Wynd, Cumnock, Ayrshire, KA18 3BS Previously sold for £197,000*
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” button on our website.
This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
Location:
Cumnock, located in East Ayrshire, Scotland, is a bustling town with a rich history and a strong community ethos. Once a hub for coal mining, Cumnock has transitioned into a vibrant commercial and administrative center for the surrounding area. The town offers a range of amenities including shops, restaurants, and leisure facilities, making it a convenient and attractive place to live. Despite the decline of its traditional industries, Cumnock retains its charm with historical landmarks such as the Cumnock Old Church and the Baird Institute, contributing to its cultural heritage. Its affordability, coupled with its picturesque setting and community-focused atmosphere, makes Cumnock a desirable destination for residents seeking a blend of rural tranquility and urban convenience in the heart of Scotland.
