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Modernised ONE BEDROOM First Floor Flat in traditional Detached Building. Quiet setting, with private gardens and parking. Refurbished internally with excellent rental income of £350 per month
- Comprises - Hallway, modern lounge/ kitchen, double bedroom and modern bathroom. Fully refurbished internally with rental £350 per month. The A70 trunk road provides access to the M74 network
- Sales Evidence - 18a, Loan, Mauchline, £29,000 (Jan 2015) 1 bedroom. 63 Loudoun Street, Mauchline, Ayrshire KA5 5BE £42,000 (09 Oct 2014). Rent £350 per capita month. Settled tenants - NEW ENTRY
- Mauchline has a rich history in sandstone quarrying, box making or Mauchline ware and the production of curling stones. Robert Burns once lived near to the village. Popular commuter area for Ayrshire
- Mauchline offers amenities include a selection of shops, modern supermarket, purpose built medical centre and community library. Prestwick Airport is 14 miles to the West. EPC Rating - Band D
Freehold- Outright ownership of the property and land on which it stands.
Tenanted- Existing tenant in place with lease agreement to be assigned to the new purchaser at the time of completion.
|Type of Agreement||Private Residential Tenancy (PRT)|
|Rent||£4,200 per year / £350 per month|
|Yield||12.0% (at guide price)|
|Notes:||Property is managed by a letting agency. Start date of tenancy was the 12th of April 2019. Rent paid by standing order on the 17th of each month|
Full Details:Modernised ONE BEDROOM first floor flat in traditional Detached Building. Quiet setting, with private gardens and parking. Refurbished internally with rental income of £350 per month. Comprises - Hallway, modern lounge/ kitchen, double bedroom and modern bathroom. Fully refurbished internally. Rental income £350 per month - £4,200 per annum. The A70 trunk road provides access to the M74 network. Sales Evidence - 18a, Loan, Mauchline, £29,000 (Jan 2015) 1 bedroom. 63 Loudoun Street, Mauchline, Ayrshire KA5 5BE £42,000 (09 Oct 2014). EPC Band D.
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:
Prestwick International Airport is 14 miles to the West. Mauchline has a rich history in sandstone quarrying, box making or Mauchline ware and the production of curling stones. The Scottish poet Robert Burns once lived near to the village. Mauchline also offers a selection of local amenities including shops, a modern Co-Op supermarket, new purpose built medical centre and community library block
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.
Floor plan:Click Image To Enlarge
22 October 2019
Glasgow Radisson Hotel
301 Argyle Street, G2 8DL
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...
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...