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Lamont Crescent, Cumnock KA18 4 bed end of terrace house for sale
8 Lamont Crescent, Cumnock, KA18 3DX
£80,000
8 Lamont Crescent, Cumnock, KA18 3DX
£80,000
Price History
Initial price | £95,000 |
04/10/24 | £92,000 |
01/04/25 | £80,000 |
Price Change | -15.79% |
Description
Prime Property Auctions is offering a 4-bedroom end-of-terrace property in Cumnock, Ayrshire, with a guide price of £92,000. The property is currently tenanted at £775 per month, generating an annual gross income of £9,300 or a gross annual yield of 10.1%. It has the potential to achieve a monthly rental of £850-£925, generating a potential annual income of £11,100 or a gross yield of 12.06%. The property could also be used as an Airbnb or short-term let, generating a gross annual income of £25,550 or a gross annual yield of 27.77%. With a local sales evidence of £185,800 and £157,000 for similar properties in the area, this is a rare opportunity for property investors to secure a turnkey investment with immediate cash flow and potential for capital growth.