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Description

  • Status: Available
  • Type: Portfolio
  • Ownership: Freehold
  • Occupation: Vacant

SUPERB INVESTMENT PORTFOLIO – Six fully tenanted one-bedroom flats across established residential locations in Falkirk. All properties currently income-producing with settled tenants in place.

£36,000 ANNUAL RENTAL INCOME – Established combined rental income of £3,000 per month, producing an impressive 12.4% gross rental yield calculated against the auction guide price.

INCOME FROM DAY ONE – All six flats currently tenanted, providing an established rental income stream immediately upon completion. Excellent addition to an existing investment portfolio.

HANDS-FREE INVESTMENT OPPORTUNITY – Full lettings and property management package available. Easily managed portfolio, ideal for established landlords and investors seeking passive rental income.

AVOID ADS of circa £23,000 against individual purchases. Potential to increase rental income through long term asset management.

FALKIRK – PORTFOLIO OF 6 TENANTED FLATS EXCELLENT INVESTMENT OPPORTUNITY – £36,000 ANNUAL RENTAL INCOME – 12.4% GROSS YIELD AGAINST GUIDE PRICE Future Property Auctions presents an outstanding opportunity to acquire a ready-made residential investment portfolio comprising SIX fully tenanted, one-bedroom flats across established residential locations in Falkirk. £3,000 PER MONTH RENTAL INCOME – £36,000 PER ANNUM – IMPRESSIVE 12.4% GROSS RENTAL YIELD AGAINST GUIDE PRICE. An exceptional opportunity for investors seeking an established, income-producing property portfolio with an immediate rental return from day one. All SIX properties are currently tenanted, with settled tenants in place, providing an established income stream without the requirement to source new tenants or undertake initial letting arrangements. The portfolio offers an attractive combination of immediate rental income, straightforward management and potential for future rental growth through proactive asset management and rental reviews, where appropriate and legally permissible. FULL LETTINGS MANAGEMENT PACKAGE AVAILABLE – IDEAL FOR HANDS-FREE INVESTORS. PORTFOLIO BREAKDOWN PROPERTY 1 – 5 ATHOL PLACE, FALKIRK, FK2 7FW One-bedroom residential flat. Current rental income: £500 PCM / £6,000 PA PROPERTY 2 – 14 BIRNAM PLACE, FALKIRK, FK2 7AH One-bedroom residential flat. Current rental income: £500 PCM / £6,000 PA PROPERTY 3 – 22 BIRNAM PLACE, FALKIRK, FK2 7AH One-bedroom residential flat. Current rental income: £500 PCM / £6,000 PA PROPERTY 4 – 35D WEST BRIDGE STREET, FALKIRK, FK1 5RJ One-bedroom residential flat. Current rental income: £450 PCM / £5,400 PA PROPERTY 5 – 43 THORNHILL ROAD, FALKIRK, FK2 7AA One-bedroom residential flat. Current rental income: £550 PCM / £6,600 PA PROPERTY 6 – 64 HIGH STATION ROAD, FALKIRK One-bedroom residential flat. Current rental income: £500 PCM / £6,000 PA INVESTMENT HIGHLIGHTS SIX FULLY TENANTED PROPERTIES – IMMEDIATE INCOME FROM DAY ONE. £36,000 ANNUAL RENTAL INCOME – £3,000 PER MONTH. 12.4% GROSS RENTAL YIELD AGAINST GUIDE PRICE. SETTLED TENANTS – ESTABLISHED RENTAL INCOME. FULL PROPERTY MANAGEMENT SERVICE AVAILABLE – HANDS-FREE INVESTMENT OPPORTUNITY. POTENTIAL TO ENHANCE RENTAL RETURNS THROUGH PROACTIVE ASSET MANAGEMENT. INVESTMENT POTENTIAL The portfolio represents an attractive opportunity to acquire six established rental properties in a single transaction, providing investors with immediate access to a solid residential income stream. With all six flats comprising manageable one-bedroom accommodation, the portfolio offers a straightforward investment structure suitable for both experienced landlords and investors seeking to expand their existing holdings. The properties are situated across established residential areas of Falkirk, benefiting from access to local amenities, employment opportunities and transport connections. Portfolio sale of 6 units will avoid ADS costs with a saving circa £23,000 against individual purchases. A comprehensive lettings management package can be made available, allowing purchasers to benefit from a professionally managed portfolio with minimal day-to-day involvement.

Maps & Location

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Falkirk is a well-established Central Scotland town, strategically positioned between Glasgow and Edinburgh, making it an attractive location for residential property investment. The town benefits from excellent transport infrastructure, with convenient access to the M9 and M876 motorway networks and regular rail services connecting to Glasgow, Edinburgh and surrounding areas. Falkirk offers an extensive range of shopping facilities, supermarkets, restaurants, leisure amenities, schools and employment opportunities. Its central location, established residential communities and accessibility to Scotland's two largest cities contribute to its appeal as a rental location.

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Pricing Information & Bidding

Opening Bid: £290,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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Terms & Conditions of Sale

  • 10% Deposit (Minimum £3,000)
  • Standard Completion (Unless specified differently in any Special Conditions of Sale)
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

  • Use our DEPOSIT CALCULATOR to confirm the reservation deposit & buyers fee for this property at a specified bid level.

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    STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer for each property which may differ in deposit amount, completion and buyers fee.

    * If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

General Terms & Conditions of Sale
Lot Specific Terms - Portfolio of 6 tenanted flats , Falkirk






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