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Description
- Status: Available
- Type: Flat
- Ownership: Freehold
- Occupation: Tenanted
- Bedrooms: 1
- Council Tax:
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TENANTED INVESTMENT PROPERTY*** Large one bedroom tenanted flat within popular rental location in Falkirk. IMMEDIATE RETURN ON INVESTMENT***
One bedroom first floor flat currently LET at £365pcm (£4,380 Per Annum). The property benefits from Gas Central heating and Double Glazing.
Local Sales Evidence; 2 Flat 3 Fc, Manor Street, Falkirk, FK1 1NH previously SOLD for £66,111 in Sept 2022*** 2d, Manor Street, Falkirk, FK1 1NH previously SOLD for £65,000 in Oct 2020***
PERFECT BUY-TO-LET INVESTMENT sold with sitting tenant paying £4,380 Per Annum. Ideally situated close to amenities and transport links. Property benefits from Gas Central Heating and Double Glazing.
Falkirk is well positioned in central Scotland for commuting to Edinburgh, Glasgow & Stirling via two train stations (Falkirk Grahamston & Falkirk High) and the M9/M80 motorway connections.
TENANTED INVESTMENT PROPERTY*** Large one bedroom tenanted flat within popular rental location in Falkirk. IMMEDIATE RETURN ON INVESTMENT***
One bedroom first floor flat currently LET at £365pcm (£4,380 Per Annum). The property benefits from Gas Central heating and Double Glazing.
Local Sales Evidence; 2 Flat 3 Fc, Manor Street, Falkirk, FK1 1NH previously SOLD for £66,111 in Sept 2022*** 2d, Manor Street, Falkirk, FK1 1NH previously SOLD for £65,000 in Oct 2020***
PERFECT BUY-TO-LET INVESTMENT sold with sitting tenant paying £4,380 Per Annum. Ideally situated close to amenities and transport links. Property benefits from Gas Central Heating and Double Glazing.
Falkirk offers a wide selection of amenities which include shopping at the Howgate Centre as well as the Callander Shopping Centre. There are also a number of supermarkets and the flat benefits from its close proximity to a large retail park. There is a fine selection of local bars and restaurants. Public transport is available which offers the commuter direct access across the central belt via bus and rail to Glasgow, Edinburgh and Stirling city centres.
Full Address: 35 Manor Street, Falkirk, FK1 1NH
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Tenancy Details
Type of Agreement: Basic Lease
Length: rolling
Rent: £4,380 per year / £365 per month
Yield: 12% (approx)
Tenant: Private Individual
Notes: rent increasing to £460pcm (£5,520P/A) from 1st April 2024.
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Terms of Sale
- 10% Deposit
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- Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.
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Auction Details
Date & Time: 02 May 2024, 10am-3pm
Type: Timed Online Auction
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