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

Location

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.

Additional Fees

Administration Charge - 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.

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