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Cumnock, Ayrshire, KA18

Scotland

£260,000
Listed on 14/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

Presenting an exciting opportunity, this semi-rural site features eight serviced plots positioned in a peaceful cul-de-sac off Peesweep Brae, Lugar. With secured planning permission from East Ayrshire Council for the construction of eight individual four-bedroom homes, this location has excellent potential for development. Residents can enjoy the tranquility of countryside living while still having convenient access to local amenities. The nearby village of Logan offers essential shops, a nursery, and primary schooling options, with the larger town of Cumnock just a mile away providing more extensive facilities including supermarkets and recreational options like a sports centre and swimming pool. Transport is also well catered for; Auchinleck railway station is within close proximity, facilitating easy commuting to Glasgow and Carlisle, while Ayr is approximately 17 miles away for further retail and leisure activities. This investment presents a unique chance to engage in property development in an area that balances rural charm with accessibility.

Investment Analysis

(KA18 area)
Area Average
£110/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£300,000 - £400,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
58%
Properties sold annually

Local Market Trend (KA18)

Area prices are rising by +12.5% over the last 12 months
3 year growth: 19.4%
5 year growth: 8.6%
Investment Disclaimer: Analysis based on KA18 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Cumnock, Ayrshire, KA18
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£952
Based on a loan of £195,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE