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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 2
  • Council Tax: Search

SUPER INVESTMENT PROPERTY. Large 2 Bedroom upper cottage flat in popular rental location within the Ayrshire town of Cumnock. Sold with tenant in place paying £450pcm (£5,400 per annum).

SUPER SIZED PROPERTY- with excellent room sizes. Upper cottage flat with Lounge, Dining Kitchen, 2 x Double Bedrooms and Bathroom. Gas Central Heating and Double Glazing.

HIGH DEMAND BUY TO LET LOCATION with constant tenant demand. Property sold with settled tenant in place- in place for over 1 year- Immediate rental income in excess of £5,000 per annum (£450pcm).

EXCELLENT INVESTMENT in very popular rental location close to Netherthird Primary School, Cumnock Academy, East Ayrshire Hospital and major employers. HIGH YIELDING INVESTMENT. Perfect purchase

SUPER LOCATION within the popular Ayrshire town of Cumnock. Super transport links giving access to the larger towns of Kilmarnock, Ayr and Irvine with access to Glasgow in under one hour.

SUPER INVESTMENT PROPERTY. Large 2 Bedroom cottage flat in popular rental location within the Ayrshire town of Cumnock. Freehold sale. Sold with tenant in place paying £450pcm (£5,400 per annum). SUPER SIZED PROPERTY- with excellent room sizes. Upper cottage flat with Lounge, Dining Kitchen, 2 x Double Bedrooms and Bathroom. Gas Central Heating and Double Glazing. HIGH DEMAND BUY TO LET LOCATION with constant tenant demand. Property sold with settled tenant in place- in place for over 1 year- Immediate rental income in excess of £5,000 per annum (£450pcm). EXCELLENT INVESTMENT in very popular rental location close to Netherthird Primary School, Cumnock Academy, East Ayrshire Hospital and major employers. HIGH YIELDING INVESTMENT. Perfect purchase SUPER LOCATION within the popular Ayrshire town of Cumnock. Super transport links giving access to the larger towns of Kilmarnock, Ayr and Irvine with access to Glasgow in under one hour.

Cumnock has a wide range of facilities including independent family run shops and restaurants, a modern community hospital, a leisure centre as well as many clubs and societies. The addition of the new £63.5m Knockroon Learning and Enterprise Campus, completed in 2020, provides state-of-the-art primary and secondary schooling, as well as nurseries and supported learning centres, all within 5 minutes walking distance of Afton Braes. Dumfries House located less than 3 miles away boasts a 2,000 acre country estate, and is the perfect place to enjoy a relaxing afternoon walking the dogs or taking the children play in the Adventure Playground.

Full Address: 61 Lamont Crescent, Tenanted Investment, Cumnock, KA18 3DU

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: long-term
Rent: £5,400 per year / £450 per month
Yield: 17% (approx)
Tenant: Private Individual
Notes:

Document Downloads

Home Report (Available) Legal Pack (Available)

Pricing Information & Bidding

Opening Bid: £32,000

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.

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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.

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

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

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Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

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Auction Details

Date & Time: 02 May 2024, 10am-3pm
Type: Timed Online Auction

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