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Guide Price
£92,000 Guide Price

8 Lamont Crescent, Cumnock, KA18 3DX

210871477

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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

End of Terrace House

Ownership

Freehold

Occupation

Occupied

Bedrooms

4

Council Tax

Band: A
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Home Report
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Tenanted Residential Investment Opportunity

Details

Property Summary

  • Prime Property Auctions is excited to bring to market this excellent 4 bedroom End of Terrace property located within a prime buy to let location in Cumnock ***GUIDE PRICE £92,000***

  • ***2, Cameron Crescent, Cumnock, Ayrshire, KA18 3TA Sold for £185,800 in October 2020, 21, Glaisnock Road, Cumnock, Ayr, KA18 3AQ Sold for £157,000 in March 2020***

  • Property is currently tenanted at £775 per calendar month, producing an annual gross income of £9,300 or a gross annual yield of 10.1% if achieved at a Guide Price of £92,000. ***TURNKEY INVESTMENT OPPORTUNITY***

  • Property could achieve £100 as an AirBnB or short term let, generating a gross annual income of £25,550, or a Gross Annual Yield of 27.77%, based on an occupancy rate of 70%. Subject to necessary planning and consents. *** POTENTIALLY HIGH YIELDING INVESTMENT OPPORTUNITY ***

  • As a Buy-To-Let Investment, the property has room to achieve a monthly rental between £850 - £925, generating a potential annual income of £11,100, or a gross yield of 12.06% if achieved for the Guide Price of £92,000. Sure to appeal to a shrewd investor.

 

 

 

Prime Property Auctions is excited to bring to market this excellent 4 bedroom End of Terrace property located within a prime buy to let location in Cumnock ***GUIDE PRICE £92,000***

 

Property comprises: Ground Floor: Entrance Hall, Kitchen open to Dining Area/ Lounge, Bedroom & Shower Room (with WC). First Floor: Landing, Three Bedrooms & Bathroom (with WC) 

Property could achieve £100 as an AirBnB or short term let, generating a gross annual income of £25,550, or a Gross Annual Yield of 27.77%, based on an occupancy rate of 70%. Subject to necessary planning and consents. 

*** POTENTIALLY HIGH YIELDING INVESTMENT OPPORTUNITY ***

Property is currently tenanted at £775 per calendar month, producing an annual gross income of £9,300 or a gross annual yield of 10.1% if achieved at a Guide Price of £92,000. ***TURNKEY INVESTMENT OPPORTUNITY***

 

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. 

 

As a Buy-To-Let Investment, the property has room to achieve a monthly rental between £850 - £925, generating a potential annual income of £11,100, or a gross yield of 12.06% if achieved for the Guide Price of £92,000. Sure to appeal to a shrewd investor.

 

Local sales evidence:

 

***2, Cameron Crescent, Cumnock, Ayrshire, KA18 3TA Sold for £185,800 in October 2020, 21, Glaisnock Road, Cumnock, Ayr, KA18 3AQ Sold for £157,000 in March 2020***

Property could achieve £100 as an AirBnB or short term let, generating a gross annual income of £25,550, or a Gross Annual Yield of 27.77%, based on an occupancy rate of 70%. Subject to necessary planning and consents. 

***POTENTIALLY HIGH YIELDING INVESTMENT OPPORTUNITY***

 

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:

The property is within close proximity to Cumnock's range of amenities, including schools, supermarkets, local shops, and healthcare services, providing everything you need for comfortable daily living. The town is well-served by public transport and has easy road links to nearby urban centres such as Ayr and Kilmarnock, as well as Glasgow, making it a convenient location for commuters.

Located in the heart of East Ayrshire, this property in Cumnock offers a peaceful yet well-connected setting, ideal for those seeking a blend of rural charm and modern convenience. Cumnock is a historic town with a strong sense of community and a growing reputation as a desirable residential area. Surrounded by rolling hills and countryside, the town is perfect for those who enjoy outdoor activities such as walking, cycling, and exploring the nearby Dumfries House estate, a beautifully restored 18th-century mansion and estate offering woodland walks, gardens, and educational programs.

Cumnock also has a rich cultural heritage, with its mining history and involvement in the coal industry reflected in local landmarks and museums. For those seeking a quieter pace of life with a strong sense of community, this property offers the perfect retreat from the bustle of city living while ensuring all modern comforts are close at hand.
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Floorplans

Property Features

  • Prime Property Auctions is excited to bring to market this excellent 4 bedroom End of Terrace property located within a prime buy to let location in Cumnock ***GUIDE PRICE £92,000***
  • ***2, Cameron Crescent, Cumnock, Ayrshire, KA18 3TA Sold for £185,800 in October 2020, 21, Glaisnock Road, Cumnock, Ayr, KA18 3AQ Sold for £157,000 in March 2020***
  • Property is currently tenanted at £775 per calendar month, producing an annual gross income of £9,300 or a gross annual yield of 10.1% if achieved at a Guide Price of £92,000. ***TURNKEY INVESTMENT OPPORTUNITY***
  • Property could achieve £100 as an AirBnB or short term let, generating a gross annual income of £25,550, or a Gross Annual Yield of 27.77%, based on an occupancy rate of 70%. Subject to necessary planning and consents. *** POTENTIALLY HIGH YIELDING INVESTMENT OPPORTUNITY ***
  • As a Buy-To-Let Investment, the property has room to achieve a monthly rental between £850 - £925, generating a potential annual income of £11,100, or a gross yield of 12.06% if achieved for the Guide Price of £92,000. Sure to appeal to a shrewd investor.

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