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Lanehead Terrace, New Cumnock KA18 3 bed semi
Lanehead Terrace, New Cumnock KA18
£49,000
Lanehead Terrace, New Cumnock KA18
£49,000
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 Details12 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: 12 June 2025
Description
This semi-detached villa is being sold as a tenanted investment property, with a current rental income of £650 per month, generating 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 an enclosed rear garden. The property is located in a peaceful semi-rural area, with nearby amenities and a local railway station connecting to Glasgow. The landlord has issued notice to terminate the tenant's agreement, with the tenant required to vacate by 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 12, 2025, with bids accepted in advance.