£24,500 Guide Price

71 John Allan Drive, Cumnock, KA18 3AG

206100311

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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 Tenanted Investment Opportunity

Details

Property Summary

  • Prime Property Auctions is excited to bring to market this excellent 2 bedroom flat property located within a prime buy to let location in Cumnock - ***HOME REPORT £47,000**
  • ***1 Cairn Court, Cumnock, Ayrshire, KA18 1JH Previously sold for £195,000. Ashlee, Glaisnock Road, Cumnock, Ayr, KA18 3AH Previously sold for £187,500. 17 Cameron Crescent, Cumnock, Ayr, KA18 3AH Previously sold for £210,000***
  • 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 £425 per calendar month (£5,100 p/a) which provides an attractive 15% gross yield based on the guide price of £32,500 - ***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 property located within a prime buy to let location in Cumnock - ***HOME REPORT £47,000***

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

For rental purposes, the property is currently tenanted at £425 per calendar month (£5,100 p/a) which provides an attractive 15% gross yield based on the guide price of £32,500 - ***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:

***1 Cairn Court, Cumnock, Ayrshire, KA18 1JH Previously sold for £195,000. Ashlee, Glaisnock Road, Cumnock, Ayr, KA18 3AH Previously sold for £187,500. 17 Cameron Crescent, Cumnock, Ayr, KA18 3AH Previously sold for £210,000****

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 tranquillity and urban convenience in the heart of Scotland.

Deposit & Fee Calculator

10%, minimum deposit £3,000

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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 property located within a prime buy to let location in Cumnock - ***HOME REPORT £47,000**
  • ***1 Cairn Court, Cumnock, Ayrshire, KA18 1JH Previously sold for £195,000. Ashlee, Glaisnock Road, Cumnock, Ayr, KA18 3AH Previously sold for £187,500. 17 Cameron Crescent, Cumnock, Ayr, KA18 3AH Previously sold for £210,000***
  • 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 £425 per calendar month (£5,100 p/a) which provides an attractive 15% gross yield based on the guide price of £32,500 - ***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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