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1 bedroom flat for sale
Castle, New Cumnock KA18
£24,000
Castle, New Cumnock KA18
£24,000
Our Summary
- Perfect investment property within HIGH DEMAND RENTAL LOCATIONAuction Details31 October 2024, 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
Description
This is a tenanted investment property located in the popular town of New Cumnock, Ayrshire, which has seen recent sales of similar properties for £55,000 and £58,000. The property is currently let at a low rent of £249 per month, but has a realistic rental potential of £450 per month, generating £5,400 per annum. The location is highly sought after, with easy access to New Cumnock Train Station and local amenities, including a primary school, supermarkets, and a shopping centre in nearby Cumnock. The property is being sold through a timed online auction on October 31, 2024, and is expected to attract high demand from investors seeking a stable and lucrative rental income.