99 Glaisnock Street, Cumnock, KA18 1JP
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99 Glaisnock Street, Cumnock, KA18 1JP
3
bed
1
bath
1
reception
Tax band: C
Freehold
Residential Refurbishment Opportunity
Available documents
Floorplan
View FloorplanHow to buy at auction
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Deadline for offers
Description
PRIME NEW LISTING. We are excited to present this 3 bedroom terrace property, located within a prime location in Cumnock.
**117, Glaisnock Street, Cumnock, KA18 1JP, Previously sold for £168,000. 115, Glaisnock Street, Cumnock, KA18 1JP, Previously sold for £155,000**
For rental purposes, once renovated the property could potentially achieve a monthly rent of £795-£850 p/m (£9,540 - £10,200 p/a). Excellent BRR potential.
Property requires a degree of renovation. Sure to appeal to shrewd investors looking for a project with great potential to add value.
Property is situated 9 minutes from New Cumnock train station for connection to Glasgow City Centre. Property is in close proximity to A76 & M74 motorway.
PRIME NEW LISTING. We are excited to present this excellent refurbishment opportunity. 3 bedroom terrace property, situated within a prime location in Cumnock.
Property Comprises:Entrance Hallway, Living Room, Kitchen, 3 spacious bedrooms, bathroom, conservatory, large garden to the rear. Property benefits from ample storage throughout.
Property requires renovation and boasts excellent development potential. For rental purposes, once renovated, property could potentially achieve
£9,540 - £10,200
per annum.
Once renovated, property could also potentially be utilised as Air BnB / Serviced accommodation, subject to gaining necessary licensing and permissions. Comparable properties have achieved upwards of £100 per night.
Sure to appeal to shrewd investors looking for potential BRR / Flip Project. The local area has seen some great sales recently showing strong demand:
**117, Glaisnock Street, Cumnock, KA18 1JP, Previously sold for £168,000. 115, Glaisnock Street, Cumnock, KA18 1JP, Previously sold for £155,000**
The property is being offered at a fantastic price to ensure auction sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” 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 is an affordable market town in East Ayrshire that attracts residents with its lower house prices, strong sense of community, surrounding countryside, and access to larger towns such as Kilmarnock and Ayr. Investors are drawn by relatively low property purchase costs, ongoing town centre regeneration, and long-term growth potential linked to local investment and renewable energy projects, although returns are generally viewed as longer-term rather than rapid compared with Scotland's larger cities.
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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.