Worst House on the Street Logo
Mounthope Cottage, Mansfield Road, New Cumnock, East Ayrshire, KA18 - Image 1
Mounthope Cottage, Mansfield Road, New Cumnock, East Ayrshire, KA18 - Image 2
Mounthope Cottage, Mansfield Road, New Cumnock, East Ayrshire, KA18 - Image 3
Mounthope Cottage, Mansfield Road, New Cumnock, East Ayrshire, KA18 - Image 4
Mounthope Cottage, Mansfield Road, New Cumnock, East Ayrshire, KA18 - Image 5
Mounthope Cottage, Mansfield Road, New Cumnock, East Ayrshire, KA18 - Image 6
Mounthope Cottage, Mansfield Road, New Cumnock, East Ayrshire, KA18 - Image 7
Mounthope Cottage, Mansfield Road, New Cumnock, East Ayrshire, KA18 - Image 8
Mounthope Cottage, Mansfield Road, New Cumnock, East Ayrshire, KA18 - Image 9
Mounthope Cottage, Mansfield Road, New Cumnock, East Ayrshire, KA18 - Image 10
Mounthope Cottage, Mansfield Road, New Cumnock, East Ayrshire, KA18 - Image 11
Mounthope Cottage, Mansfield Road, New Cumnock, East Ayrshire, KA18 - Image 12
Mounthope Cottage, Mansfield Road, New Cumnock, East Ayrshire, KA18 - Image 13

Mounthope Cottage, Mansfield Road, New Cumnock, East Ayrshire, KA18

Scotland

£75,000
Listed on 05/04/2026

Property Details

Bedrooms
2
Type
Detached
Area
1071 sqft

Description

Mounthope Cottage offers a unique opportunity for renovation or redevelopment in an appealing rural setting near New Cumnock. The property, which has historical significance as the Factor’s cottage for the Mansfield Estate, is currently uninhabitable and requires substantial refurbishment to restore it to a livable condition. Alternatively, there is potential for complete demolition and new construction, subject to appropriate planning permissions. The existing layout includes a porch, kitchen, sitting room, living room, bathroom, and two attic rooms, alongside a boiler house. The flat roof extension has sustained significant storm damage and will need special attention. Set within approximately 0.42 acres of land bounded by stone walls and featuring off-road parking, the grounds offer ample space for potential landscaping or additional development. The local area boasts various amenities including shops, schools, and health services in New Cumnock and Cumnock, while Ayr provides even wider facilities approximately 22 miles away. Outdoor enthusiasts will appreciate the proximity to numerous walking paths and interesting local landmarks like Blackcraig Hill which presents stunning views of Ayrshire's scenic landscape. This location is also well connected with transport links leading to Glasgow and beyond. Mounthope Cottage represents a compelling chance for investors or those seeking a project that combines history with modern living possibilities.

Investment Analysis

(KA18 area)

Below Market Value

This property is priced -33.9% below area average per sq ft

-33.9%
Potential saving
This Property
£70/sq ft
Area Average
£106/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£124,879
10% above area average per sq ft
Potential ROI
-36.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
62%
Properties sold annually

Local Market Trend (KA18)

Area prices are rising by +27.3% over the last 12 months
3 year growth: +29.3%
5 year growth: +10.7%
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

Mounthope Cottage, Mansfield Road, New Cumnock, East Ayrshire, KA18
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£266
Based on a loan of £56,250 over 30 years at 3.91% 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Finance for Buy-to-Let, Bridging & Development