Lanehead Terrace, New Cumnock KA18 3 bed semi

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Lanehead Terrace, New Cumnock KA18 3 bed semi

Lanehead Terrace, New Cumnock KA18
£47,000

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 Details26 June 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: 26 June 2025

Description

This semi-detached villa in New Cumnock is a prime investment opportunity, currently tenanted and generating a rental income of £650 per month, equivalent to a yield of 14.18% based on the guide price. The property comprises an entrance hallway, lounge, kitchen, three bedrooms, and a bathroom, and features double glazing, gas central heating, and enclosed rear gardens. The freehold property is situated in a peaceful semi-rural location, close to 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 on May 2, 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 June 26, 2025, with full details available on the auctioneer's website.