BID NOW AVAILABLE - The seller may consider a bid now - Submit an offer now >>

Lot 74

Guide Price: £29,000 - Bid Now

20 Glebe Street, New Cumnock, Ayrshire, KA18 4BE


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Key Features:

2 bed 1st floor flat in good location in New Cumnock. The property will be tenanted at £425 pcm £5,100 per annum from 17th January 2019. EXCELLENT READY LET INVESTMENT with 17.5% yield at guide price.


  • Accommodation comprises entrance hall, 2 bedrooms, fully fitted kitchen, bathroom, living room and outside garden to the rear.
  • The property also benefits from double glazing and gas central heating.
  • EICR certificate and also Gas safety certificate copy available upon request.
  • Home report £37,000 - Copy available upon request.


Ownership

Freehold

- Outright ownership of the property and land on which it stands.
Occupation

Tenanted

- Existing tenant in place with lease agreement to be assigned to the new purchaser at the time of completion.
Council Tax

Search Council Records

- Click the above link to search the latest records for this post code. The Scottish Assessors Portal provides Council Tax and Rates for all properties in Scotland.

Tenancy Details:


Type of Agreement Private Residential Tenancy (PRT)
Length 6 Month
Rent £5,100 per year / £425 per month
Yield 17.6% (at guide price)
Tenant Private Individual
Notes: The property will be tenanted at £425 pcm £5100 per annum from 17th January.

Full Details:

2 bed 1st floor flat in good location in New Cumnock. The property will be tenanted at £425 pcm £5100 per annum from 17th January. Accommodation comprises entrance hall, 2 bedrooms, fully fitted kitchen, bathroom, living room and outside garden to the rear. The property benefits from double glazing and gas central heating. EXCELLENT READY LET INVESTMENT with 17.5% yield at guide price. Home report value £37000 EICR certificate and also Gas safety certificate copy available upon request.

Guide Price: £29,000 - Bid Now


What is a Guide Price...

Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Unless specified all properties are subject to a Reserve (minimum acceptable price) which we expect will be set no more than 10% above or below the advertised guide.

Bid Now Explained...

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.

Map & Location:


New Cumnock offers a range of amenities and nursery and primary schooling at New Cumnock Primary. The neighbouring town of Cumnock offers an ASDA superstore, shopping mall, leisure amenities and secondary schooling. The area is a walker’s paradise and a livery yard is situated within a half mile of the property. The area benefits from excellent transport links with the Train Station at New Cumnock a short walk away. Bus links are close by providing access to Ayr, Kilmarnock and Glasgow city. Motorway links via the newly upgraded M77 motorway network provide access to Ayr (30 min) Kilmarnock (30 min) and Glasgow (55 minutes). Local Waters: River Nith, Afton Water, Connel Burn, 3 Lochs and the Afton Reservoir

Viewings:


Internal Open Viewings...


This property may be open for internal viewings at specified times which will be listed on this page when available. You do not need to register to attend these viewings, you can simply turn up as the property will be open during the scheduled times. Our viewing agent will be present to answer any of your questions and provide auction catalogues to viewers.

External Viewings Anytime...


You may view this property externally at any time. Please make sure that if the property is occupied or tenanted that you respect the privacy of the occupants. Additionally we advise that you print a copy of this schedule and take it with you in case of any neighbours questioning you at the property as to your intentions.

Auction Details:



  • Auction Date...

    04 February 2019


  • Start Time...

    7.30pm


  • Auction Location...

  • Glasgow Radisson Hotel

  • 301 Argyle Street, G2 8DL


Directions...

Glasgow Radisson | Edinburgh Marriott


Registration...

You will need to be at the auction prior to the 7.00pm start time in order to register & make your way to the auction room. Bidding registration opens from 6:00pm. You will be required to present Photo ID and provide your contact and solicitor details in order to register.

Legal Packs...

All legal packs will be available for inspection at our offices on the day of the auction and at the auction hall from 6:00pm.

Deposits...

If you are a successful purchaser of a lot then a deposit of 10% (minimum £3,000 or lower if specified) will be required. The deposit is accepted by the following methods:

Deposit Method...

Switch, Debit Card, Credit Card, Cash or Bankers Draft accepted only. Next Day Bank Transfer by prior arrangement only.

How To Bid:


Offer Now...

You may submit an offer now on any of our live properties for the sellers to consider. If they are will are willing to sell you the property now then it is a matter of making the 10% deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Bid Live in Person...

Easily the best method is to attend the auction in person. The Glasgow Radisson is conveniently located in the Glasgow City Centre, a short walk from the Central Train Station and easily accessed from the M8 Motorway. The Edinburgh Marriott Hotel is conveniently located just minutes from Edinburgh Airport and the city centre.

Bid by Phone Live...

If you cant make the auction in person you can still make a live bid by telephone for this property. You will give instruction live over the phone with one of our staff in the room who will bid on your behalf and relay activity in the auction room. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...
Proxy & Phone bidders phone... Download the Telephone Bidders Form

Bid by Proxy... (Ebay Style Highest Bid)

This is another option if you cannot make the auction in person. A Proxy bid is where you will leave your highest maximum bid for the property and the auctioneer will bid on your behalf. You will only ever bid one increment higher than the previous bidder. Proxy bidding rules out any potential issues with telephone reception or nerves regarding bidding in person or by telephone. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...

Proxy & Phone bidders phone... Download the Proxy Bidders Form