8 Lamont Crescent, Cumnock, KA18 3DX
- PROPERTY TYPE
End of Terrace
- BEDROOMS
4
- BATHROOMS
2
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- 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 ***GUIDE PRICE £92,000***
- ***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***
- Property is currently tenanted at £775 per calendar month, producing an annual gross income of £9,300 or a gross annual yield of 10.1% if achieved at a Guide Price of £92,000. ***TURNKEY INVESTMEN
- 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 27.77%, based on an occupancy rate of 70%. Subject to necessary p
- As a Buy-To-Let Investment, the property has room to achieve a monthly rental between £850 - £925, generating a potential annual income of £11,100, or a gross yield of 12.06% if achieved for the G
Description
- 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 ***GUIDE PRICE £92,000***
- ***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***
- Property is currently tenanted at £775 per calendar month, producing an annual gross income of £9,300 or a gross annual yield of 10.1% if achieved at a Guide Price of £92,000. ***TURNKEY INVESTMENT OPPORTUNITY***
- 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 27.77%, based on an occupancy rate of 70%. 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 £850 - £925, generating a potential annual income of £11,100, or a gross yield of 12.06% if achieved for the Guide Price of £92,000. Sure to appeal to a shrewd investor.
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 ***GUIDE PRICE £92,000***
Property comprises: Ground Floor: Entrance Hall, Kitchen open to Dining Area/ Lounge, Bedroom & Shower Room (with WC). First Floor: Landing, Three Bedrooms & Bathroom (with WC)
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 27.77%, based on an occupancy rate of 70%. Subject to necessary planning and consents.
*** POTENTIALLY HIGH YIELDING INVESTMENT OPPORTUNITY ***
Property is currently tenanted at £775 per calendar month, producing an annual gross income of £9,300 or a gross annual yield of 10.1% if achieved at a Guide Price of £92,000. ***TURNKEY INVESTMENT OPPORTUNITY***
Prime Opportunity for Property investors looking for a property in an excellent location. Property benefits from immediate cash flow from the tenant in situ. Fantastic Capital growth potential. Sure to appeal to investors looking for Rare auction property.
As a Buy-To-Let Investment, the property has room to achieve a monthly rental between £850 - £925, generating a potential annual income of £11,100, or a gross yield of 12.06% if achieved for the Guide Price of £92,000. Sure to appeal to a shrewd investor.
Local sales evidence:
***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***
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 27.77%, based on an occupancy rate of 70%. Subject to necessary planning and consents.
***POTENTIALLY HIGH YIELDING INVESTMENT OPPORTUNITY***
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” button on our website.
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 further details on how to have a bidding account created please contact the team.
Location:
The property is within close proximity to Cumnock's range of amenities, including schools, supermarkets, local shops, and healthcare services, providing everything you need for comfortable daily living. The town is well-served by public transport and has easy road links to nearby urban centres such as Ayr and Kilmarnock, as well as Glasgow, making it a convenient location for commuters.
Located in the heart of East Ayrshire, this property in Cumnock offers a peaceful yet well-connected setting, ideal for those seeking a blend of rural charm and modern convenience. Cumnock is a historic town with a strong sense of community and a growing reputation as a desirable residential area. Surrounded by rolling hills and countryside, the town is perfect for those who enjoy outdoor activities such as walking, cycling, and exploring the nearby Dumfries House estate, a beautifully restored 18th-century mansion and estate offering woodland walks, gardens, and educational programs.
Cumnock also has a rich cultural heritage, with its mining history and involvement in the coal industry reflected in local landmarks and museums. For those seeking a quieter pace of life with a strong sense of community, this property offers the perfect retreat from the bustle of city living while ensuring all modern comforts are close at hand.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- On street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
8 Lamont Crescent, Cumnock, KA18 3DX
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About Prime Property Auctions (Scotland) Ltd, Glasgow
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Visit our security centre to find out moreDisclaimer - Property reference 210871477. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions (Scotland) Ltd, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Prime Property Auctions (Scotland) Ltd, Glasgow on 0141 465 5880.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
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