Details

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Description

Large detached red sandstone property located in New Cumnock, in East Ayrshire, Scotland. It is commutable to Glasgow within 1 hour, by car or train. It is located in a rapidly price rising area with a new Super School located in Cumnock. Prestwick Airport is only 20 miles away with regular flights into London. It has 5 bedrooms, 4 public rooms, and a large back garden,. It is in need of internal repairs but could be made habitable for as little as £10K. The property has double glazing and electricity and plumbing are fine. There is a Gas Boiler. Main repairs needed are replacing some floors, fixing hole in roof above hall etc. It would be worth around £260K in good condition in this area. The replacement rebuild value is over £600K. Best property in the town / village. Contact me for viewings by email. Any offers can be intimated to DW Shaw Solicitors in Cumnock, East Ayrshire via your Solicitors. FuturePropertyAuctions online is currently auctioning this property and offers can also be made there. (Search term is pathhead) Lot70. Bids can be put on the day of sale. The Property was once a Bank of Scotland Branch and so it has excellent security on the ground floow with barred windows, and a walk in Safe. This property cannot be mortgaged at the moment due to internal repairs and upgrading being needed to be done first, which is ongoing. It has been recently lived in so that the electrics and plumbing all work. It has been double glazed at large expense already. The main repairs would be to the lead flashing in the V on the roof, replacement of some floors as the wood is rotting away on the ground floor, repair to the ceiling plaster in the upper hallway and 3 bedrooms where a patch is needed. The upper hallway has some loose beams which need to be fixed or replaced. The Boiler electrics need to be fixed but the Boiler is relatively new. Lots of wallpapering need to be done, and the downstairs bathroom wall and radiator needs to be redone. It may cost in the region of £15000 to do this work economically. Once done the property would be remortgageable at estimates over £230000 easily. It is arguably the best and most expensive property in the town.