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Lanehead Terrace, New Cumnock KA18 3 bed semi
Lanehead Terrace, New Cumnock KA18
£44,000
Lanehead Terrace, New Cumnock KA18
£44,000
Our Summary
- Ideal Investment Opportunity with tenant in place paying £650 per month
- the auctioneer cannot guarantee tenanted or vacant possession at the time of any purchase*Auction Details01 May 2025, 10am-3pm Timed Online AuctionHow to Bid Now Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY
- Future Property Auctions - Scotland's Largest Land and Property Auction House
- AUCTION DATE: 01 May 2025
Description
This semi-detached villa in a peaceful semi-rural location is being sold as a tenanted investment property with a current rental income of £650 per month, generating a yield of 14.18% based on the guide price. The property features an entrance hallway, lounge, kitchen, three bedrooms, and a bathroom, with double glazing and gas central heating. The freehold property has an enclosed rear garden and is located near the town of New Cumnock, which offers local amenities and a railway station with connections to nearby towns and cities. The landlord has issued notice to terminate the tenancy, with the tenant expected to vacate by May 2025, although the auctioneer cannot guarantee tenanted or vacant possession at the time of purchase. The property is being sold through a timed online auction on May 1st, 2025.