£24,500 Guide Price

15 Lambfair Gardens, Cumnock, KA18 2HY

206100999

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4

days

7

hours

32

minutes

7

seconds

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4

days

7

hours

32

minutes

7

seconds

Type

Ownership

Occupation

Bedrooms

2

Council Tax

Band: A

Available documents

Home Report
Attractive Residential Investment Opportunity

Details

Property Summary

  • Prime Property Auctions is excited to bring to market this excellent 2 bedroom flat located within a popular buy to let location in Cumnock - ***HOME REPORT £42,000***
  • ***92 Sorn Road, Auchinleck, Cumnock, Ayrshire, KA18 2LZ Previously sold for £195,000. 93, Barbieston Road, Auchinleck, Cumnock, Ayrshire, KA18 2JX Previously sold for £182,150. 76 Sorn Road, Auchinleck, Cumnock, Ayrshire, KA18 2HP Previously sold for £175,500***
  • Prime Opportunity for Property investor looking for a property in a excellent location. Property could benefit from a degree of renovation. Fantastic Capital growth potential. Sure to appeal to builder/investor looking for Rare auction property.
  • For rental purposes, the property is could achieve a rental income of £450 - £500 per calendar month (£5,400 - £6,000 p/a) which provides an attractive 19-21% gross yield based on the guide price of £27,500 - ***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 2 bedroom flat located within a popular buy to let location in Cumnock - ***HOME REPORT £42,000***

Property comprises: Entrance hallway, living room, kitchen, 2  large double bedrooms, bathroom. Property benefits from ample storage throughout and off road parking.

For rental purposes, the property is could achieve a rental income of £450 - £500 per calendar month (£5,400 - £6,000 p/a) which provides an attractive 19-21% gross yield based on the guide price of £27,500 - ***HIGH YIELDING INVESTMENT***

Brilliant BRRR Opportunity. Sure to appeal to investors looking for an easy lettable flat in a sought after location with great potential for Capital Growth. The local areas seen some great sales recently showing that there is strong demand.

 

Local sales evidence:


***92 Sorn Road, Auchinleck, Cumnock, Ayrshire, KA18 2LZ Previously sold for £195,000. 93, Barbieston Road, Auchinleck, Cumnock, Ayrshire, KA18 2JX Previously sold for £182,150. 76 Sorn Road, Auchinleck, Cumnock, Ayrshire, KA18 2HP Previously sold for £175,500***

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:

 

Auchinleck is a historic town nestled in the scenic countryside of East Ayrshire, Scotland. Known for its rich coal mining heritage and as the birthplace of the famous biographer James Boswell, Auchinleck maintains a strong sense of community spirit. Though the coal industry has waned, the town continues to thrive with a range of amenities including shops, schools, and recreational facilities, catering to the needs of its residents. Auchinleck's affordability, picturesque surroundings, and close-knit atmosphere make it an attractive destination for those seeking a quieter pace of life and a sense of belonging within a vibrant Scottish community.
Deposit & Fee Calculator

10%, minimum deposit £3,000

3% + VAT with a £4,000 minimum fee (inc VAT)

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.

Property Features

  • Prime Property Auctions is excited to bring to market this excellent 2 bedroom flat located within a popular buy to let location in Cumnock - ***HOME REPORT £42,000***
  • ***92 Sorn Road, Auchinleck, Cumnock, Ayrshire, KA18 2LZ Previously sold for £195,000. 93, Barbieston Road, Auchinleck, Cumnock, Ayrshire, KA18 2JX Previously sold for £182,150. 76 Sorn Road, Auchinleck, Cumnock, Ayrshire, KA18 2HP Previously sold for £175,500***
  • Prime Opportunity for Property investor looking for a property in a excellent location. Property could benefit from a degree of renovation. Fantastic Capital growth potential. Sure to appeal to builder/investor looking for Rare auction property.
  • For rental purposes, the property is could achieve a rental income of £450 - £500 per calendar month (£5,400 - £6,000 p/a) which provides an attractive 19-21% gross yield based on the guide price of £27,500 - ***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***

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