Keenly priced two-bedroom upper cottage flat offering an excellent opportunity for both owner occupiers and buy-to-let investors.

The flat is priced with a significant 29% discount from home report value of £55,000 based on the Guide Price and offers great accommodation with well proportioned rooms. Accommodation comprises reception hall, lounge, kitchen, bathroom, and two bedrooms. There is a loft, storage, and private garden area to the rear. The flat would suit owner occupiers and landlord/investors. Local Housing Allowance rates in the area for two beds are £5,684.64 per year, which with this flat would yield at 14.58% based on Guide Price of £39,000. Council Tax Band: A. Connected person Please note that the vendor is a connected person under the terms of the Estate Agents Act 1979.

Tenure

Freehold

Area

Positioned by the River Ayr between Cumnock and Glenbuck, Muirkirk caters to all of your necessary needs, with a good selection of local shops, a chemist, and a Post Office, as well as a choice of restaurants, takeaways, and pubs. The area also provides a Co-op Food store, a convenience store, and a butcher’s shop. More extensive shopping and leisure facilities are available in the nearby town of Cumnock (10 miles) which is approximately a 20-minute drive away. The coastal town of Troon is roughly 45 minutes away. With good road links, Muirkirk also offers a viable commute into the city of Glasgow taking just under one hour by car.

Energy Efficiency Rating (EPC)

Current Rating D

Local Authority

East Ayrshire Council

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.