The village of Muirkirk enjoys rural setting within an area of outstanding beauty on the north bank of River Ayr in East Ayrshire. The village offers a range of local facilities with a wider choice available in nearby Cumnock and Mauchline being around 10 miles and 13 miles distant respectively. Outdoor enthusiasts are drawn to the wide range of country pursuits available in the surrounding area. Excellent transport links are available via the A76 and M74.
We are delighted to offer to auction this spacious three bedroom mid-terraced property in the village of Muirkirk, approximately 10 miles north east of Cumnock in East Ayrshire.
The accommodation, over two levels, comprises dual aspect lounge and large kitchen with breakfast bar on the ground floor. On the upper floor are the three bedrooms (one with shower cubicle off) and family bathroom.
Further benefits include gas central heating, double glazing, off-road parking area to the front, and garden area to the rear with pleasant views over the surrounding countryside.
The property requires a programme of repair and upgrade, which offers a great opportunity to add further value from the competitive Guide Price offering a generous 15% discount against Home Report.
Buy to let investors will be immediately attracted to the fantastic 20% potential rental yield (LHA at Guide Price), and the keen price point will also interest owner occupiers looking for a family home in rural Ayrshire setting.
Early viewing is recommended for this property which is sure to move quickly.
Comparables
133, KA18 3QA, £50,000, sold Dec 2021
129, KA18 3QA, £82,000, sold Aug 2020
102, KA18 3QA, £75,000, sold Oct 2019
Key Features
Fantastic 20% potential rental yield
Generous 15% discount against Home Report
Added value opportunity through upgrade
Perfect buy to let or owner occupier
Pleasant rural Ayrshire location
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Administration Charge - Purchasers will be required to pay an Administration/Auction Fee of 3.6% of the purchase price of the property including VAT, subject to a minimum of £3,600 including VAT, unless otherwise stated.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Call the team on 0141 339 4466 for more information
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