Atholl House Townhead Street, Flat 5, Cumnock, KA18 1LF

Description

• PRIME NEW LISTING. We are excited to present this vacant 1-bedroom flat located within a prime location in Cumnock.

• **14, Atholl House, Townhead Street, Cumnock, KA18 1LF sold for £63,000 in Feb 2008, 20, Elizabeth Crescent, Barshare, Cumnock, KA18 1QS sold for £65,000 in Oct 2021**

• Offering a potential rental income of £500 - £600 per calendar month, this property has the potential to yield an exceptional 14.2% - 17.1% based on the guide price. This is an outstanding opportunity for savvy investors seeking high returns.

• Subject to necessary planning consents, there is an excellent opportunity to convert this flat from a 1-bedroom to a 2-bedroom property. Such a transformation could significantly increase both its value and rental appeal, making it a lucrative investment prospect.

• Positioned in a prime southside location, this property benefits from proximity to a wide array of local amenities including shops and restaurants. With excellent potential for capital and rental growth, this property is ideally situated for investment.

PRIME NEW LISTING. We are excited to present this vacant 1-bedroom flat located within a prime location in Cumnock.

The property comprises a welcoming hallway entry, a spacious living room, a well-equipped kitchen, a generously sized bedroom, a modern toilet, and ample storage throughout.

Offering a potential rental income of £500 - £600 per calendar month, this property has the potential to yield an exceptional 14.2% - 17.1% based on the guide price. This is an outstanding opportunity for savvy investors seeking high returns.

Subject to necessary planning consents, there is an excellent opportunity to convert this flat from a 1-bedroom to a 2-bedroom property. Such a transformation could significantly increase both its value and rental appeal, making it a lucrative investment prospect.

Positioned in a prime southside location, this property benefits from proximity to a wide array of local amenities including shops and restaurants. With excellent potential for capital and rental growth, this property is ideally situated for investment.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**14, Atholl House, Townhead Street, Cumnock, KA18 1LF sold for £63,000 in Feb 2008, 20, Elizabeth Crescent, Barshare, Cumnock, KA18 1QS sold for £65,000 in Oct 2021**

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 a charming town in East Ayrshire, Scotland, known for its rich history and friendly community. The area boasts excellent transport links and a variety of amenities, making it an attractive place to live and invest.

Map

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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.