£275,000 Guide price

Peesweep House, Peesweep Brae, Lugar, Ayrshire East, KA18 3LE

18 bedroom conversion for sale

Property Details

** SALE BY AUCTION - 05 June 2020 **
Deadline for Offers .

Peesweep House is the former Lugar school building within popular East Ayrshire. The property is currently operated as a successful HMO licensed bedsit and offers the successful purchaser with an average rental income in excess of £45,000 per annum and has the potential to be converted back to a private residential premises within a quiet semi-rural setting --- NEW TO MARKET --- PRICE FOR A FAST SALE *** The property benefits from a large car parking area, 8 bedrooms (all currently operated as bedsits), owner occupier self contained flat, private main door entrance two bedroom flat and brick built outbuildings and various storage facilities. Lugar is a former ironworks and mining town in East Ayrshire. Traditional Sandstone (former school building) currently owner operated as an HMO bedsit. Freehold sale instruction with full vacant possession available upon completion.

Lugar is a former ironworks and mining town in East Ayrshire. It is 17 miles from both Ayr, to the west on the A70 and Kilmarnock, to the north-west via the A76. Peesweep Brae runs north of the A70 into the hills above the village of Lugar and the industrial site is accessed through a stone and ornate iron fence entrance on the east side of the Peesweep Brae, approximately half-a-mile from the village.

Auction Details
05 June 2020, 5pm
Deadline for Offers,

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This house description is based upon information supplied by the owner, or on behalf of the owner. These property particulars are produced in good faith and do not constitute or form part of any contract. s1homes do not take any responsibility for the accuracy of the information contained in this document.


Sold price history for KA18 in past 5 years


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Property History

  • Property added on 15 August 2018
  • New price Guide price £275,000 as of 19 March 2020
    Was: Guide price £206,250
  • New price Guide price £206,250 as of 11 March 2020
    Was: Guide price £275,000
  • New price Guide price £275,000 as of 13 September 2018
    Was: Guide price £325,000
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