Lanehead Terrace, New Cumnock KA18 3 bed end of terrace house for sale

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Lanehead Terrace, New Cumnock KA18 3 bed end of terrace house for sale

Lanehead Terrace, New Cumnock KA18
£38,000

Our Summary

  • 1 Nith View, New Cumnock, Cumnock, Ayrshire, KA18 4AR Previously sold for £125,000* Once renovated, Property would attract a monthly rental of £825 - £875 p/m (£9,900 - £10,500 p/a) Fantastic high yield potential - *POTENTIAL BRRR OPPORTUNITY* Property is being offered under ADS threshold
  • Sure to appeal to shrewd investors looking for an excellent development opportunity in an area with high rental demand
  • 1 Nith View, New Cumnock, Cumnock, Ayrshire, KA18 4AR Previously sold for £125,000* High yield potential
  • Property requires renovation
  • Sure to appeal to shrewd investors/developers looking for a project they can put their own stamp on
  • Property has been priced for Auction sale
  • 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

Description

This prime end-terrace property in New Cumnock, Ayrshire, is a fantastic opportunity for shrewd investors or developers looking for a project to renovate and flip. The 3-bedroom property is located in a prime location, close to schools, local amenities, and transport links to Glasgow. With a previous sale price of £110,120 and £125,000, the property has huge potential for renovation and rental income, with estimates suggesting a monthly rental income of £825-£875. The property is being offered under the auctioneer's discretion threshold, and the vendor is keen to sell quickly, making it an excellent chance for buyers to secure a fantastic deal. With its high yield potential, this property is sure to appeal to investors and developers looking to make a profit in the thriving town of New Cumnock.