Michie Street, Cumnock, Ayrshire
OA

Michie Street, Cumnock, Ayrshire

By Oakhouse Premier Sales & Lets

£ 44,995

Reviews

2 out of 5 stars

Oakhouse Premier Sales & Lets says ..

A well presented 2 bedroom ground floor flat available in the popular area of Michie St, Cumnock. Gas centrally heated and double gazed through out. Garden areas to the front and rear further compliment this charming property.

Property Oracle says ..

This 2-bedroom ground floor flat in Cumnock, Ayrshire, presents a mixed bag. The property is located in a quieter area, and has the benefit of front and back gardens, including a shed. However, transport links to the larger nearby towns are limited and there are no nearby schools mentioned.

Internally, the property needs some modernising. The décor, carpets, and general finishings are outdated. The kitchen and bathroom, whilst functional, are not modern. While the property is habitable, a significant investment in modernisation would be beneficial for increasing its appeal and resale value.

The listing price is relatively low, particularly in comparison to the other properties on nearby streets, indicating potential value for money. The lack of specific comparable sales data however makes a precise evaluation difficult. Therefore, whilst potentially a reasonable price, a thorough market comparison in the area is important before finalizing a purchase to avoid overpaying. A potential buyer should carefully weigh the costs of necessary renovations against the property’s current condition and location advantages.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
4
Land
6
Bedrooms
2
Bathrooms
1
Sqft (est)
617.63

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
317,330.00 £
Decreased by 9.75 %
from 351,619.00 £
Est sale value
263,728.01 £
Increased by 25.96 %
from 209,376.57 £
Average area rental value
1,425.00 £/mo
Increased by 27.12 %
from 1,121.00 £/mo
Est letting value
617.63 £/mo
Unchanged by 0.00 %
from 617.63 £/mo
Est rental Yield
5.39 %
Increased by 40.73 %
from 3.83 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Oakhouse Premier Sales & Lets created the listing.

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Michie Street £ 44,99500.00 KM
Mccall Avenue £ 000.00 KM
Herdston Place £ 000.00 KM
Shankston Crescent £ 37,00000.00 KM
River View £ 64,99500.00 KM

Nearby Transport

NameNLCTLCDistance
Auchinleck9457AUK4.67 KM
New Cumnock9533NCK9.72 KM

Nearby Listings

AddressPriceTypeScoreDistance
McCall Avenue, Cumnock, East Ayrshire, KA18 £ 45,000BUY5 / 100.09 KM
Wylie Crescent, Cumnock, Ayrshire, KA18 £ 18,000BUY6 / 100.11 KM
Herdston Place, Cumnock, Ayrshire, KA18 £ 90,000BUYUnknown0.31 KM
Car Road, Cumnock £ 205,000BUYUnknown0.36 KM
1, Shankston Crescent, Cumnock, KA181HA £ 27,000BUY6 / 100.38 KM