Two-bedroom flat in popular Ayrshire town

BUY-TO-LET INVESTMENT PROPERTY. This two-bedroom flat is located in the popular Ayrshire town of New Cumnock, offering an immediate return on investment. The property comprises an entrance hall, living room, kitchen, two bedrooms, and a bathroom. It is situated in a high rental demand location. Local sales evidence includes 9, Glebe Street, New Cumnock, KA18 4BE (2 bed) which sold for £55,000 in June 2023, and 31, Lochview, New Cumnock, KA18 4DJ which sold for £58,000 in April 2023. The property benefits from a superb location, just minutes from New Cumnock Train Station, with convenient access to local amenities including a primary school, supermarkets, and a shopping centre in neighbouring Cumnock. The village of New Cumnock offers amenities and nursery and primary schooling, while a superstore and secondary schooling are available in Cumnock. New Cumnock boasts excellent bus and rail links to major towns and cities. The historic town of Cumnock provides a range of retail and leisure facilities and transport links to Ayr and Kilmarnock via the A76 road. The property is tenanted on a Basic Lease with a monthly rent of £350 (£4,200 per year), providing an approximate yield of 16%.