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Lamont Crescent, Cumnock KA18 4 bed end of terrace house for sale
8 Lamont Crescent, Cumnock, KA18 3DX
£69,000
8 Lamont Crescent, Cumnock, KA18 3DX
£69,000
Our 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 ***Home Report £100,000*** ***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*** For rental purposes, the property has the potential to generate between £1100- £1200 per month, offering an excellent gross yield if secured at the guide price 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
- 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 £1100 - £1200, generating a potentially excellent gross yield if achieved for the Guide Price
- *** POTENTIALLY HIGH YIELDING INVESTMENT OPPORTUNITY *** Prime Opportunity for Property investors looking for a property in an excellent location
- Sure to appeal to investors looking for Rare auction property
- ***POTENTIALLY HIGH YIELDING INVESTMENT OPPORTUNITY*** This lot is open to immediate offers
- 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 rental purposes, the property has the potential to generate between £1100- £1200 per month, offering an excellent gross yield if secured at the guide price
- Subject to necessary p
Description
Prime Property Auctions is excited to present a 4-bedroom end-of-terrace property in Cumnock, Ayrshire, with a Home Report valued at £100,000. The property has the potential to generate a gross yield of £1100-£1200 per month, making it an excellent investment opportunity. With a guide price of £92,000, it could also 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%. The property is located in a prime buy-to-let location, close to amenities, schools, and healthcare services, and has easy road links to nearby urban centers. The property features a ground floor with an entrance hall, kitchen, dining area/living room, bedroom, and shower room, as well as a first-floor landing, three bedrooms, and a bathroom. With a local sales evidence of properties in the area selling for £185,800 and £157,000, this property offers a rare opportunity for investors to purchase a property at a fantastic price.