Lamont Crescent, Cumnock KA18 4 bed end of terrace house for sale

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Lamont Crescent, Cumnock KA18 4 bed end of terrace house for sale

Lamont Crescent, Cumnock KA18
£75,000

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 bring to market a 4-bedroom end-of-terrace property in Cumnock, Ayrshire, with a guide price of £92,000. The property has the potential to generate between £1,100-£1,200 per month in rental income, offering an excellent gross yield. It could also achieve £100 per night 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 public transport links. With a strong sense of community and a growing reputation as a desirable residential area, Cumnock offers a peaceful yet well-connected setting. The property is being sold with vacant possession, and local sales evidence suggests that similar properties in the area have sold for £185,800 and £157,000 in recent years. This is a prime opportunity for property investors looking for a property with immediate cash flow and fantastic capital growth potential.