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Lot 206

Guide Price: £23,000 - Bid Now

215 Greenrig Road, Cumbernauld, G67 2QD


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Key Features:

Tenanted Two Bedroom Flat in popular residential area of Cumbernauld. Rental income £300 pcm. £3,600 p/annum. Private Tenant - Tenancy agreement commenced September 2018. New carpets in main bedroom and lounge. Located within walking distance to Cumbernauld town centre. SALE: 143 Greenrigg Road (SOLD) £49,995 (Oct 2007). Benefits: Double Glazing and Electric Heating


  • READY MADE RESIDENTIAL INVESTMENT - £300 per month INCOME. Comprises: Hallway, lounge, two bedrooms, kitchen and bathroom. INCOME PRODUCING RESIDENTIAL INVESTMENT. Rent paid direct to landlord - NEW ENTRY
  • New carpet to hallway, new flooring to kitchen and bathroom *** PRIME Rental Area with high tenant population. Presented in good order. Double Glazing & hot water tank with heating system. Accessed via a communal close with a security entry system. Modernised internally with new carpets, kitchen and bathroom
  • Superb value for money, rental, investment or re-sale house *** Priced to sell *** Tidy stairwell, private parking. Great sized lounge. Popular Carbrain district of Cumbernauld close to primary schooling, bus and rail links and M80 motorway networks. Great opportunity to expand property portfolio. Low guide and reserve price to ensure sale
  • Located within the popular commuter town of Cumbernauld enjoys excellent transport links, shopping, recreational facilities including various bars, restaurants, libraries, 24 hour supermarkets, country clubs, golf clubs, Broadwood Stadium and Palace Rigg Country Park. Fully decorated throughout. LOCAL SALE: 87 Greenrigg Road SOLD £80,000. EPC Rating - Band D


Ownership

Freehold

- Outright ownership of the property and land on which it stands.
Occupation

Tenanted

- Existing tenant in place with lease agreement to be assigned to the new purchaser at the time of completion.
Council Tax

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- Click the above link to automatically search the latest records for this post code. The Scottish Assessors’ Portal provides details of Council Tax Bands and Rateable Values for all properties in Scotland.

Tenancy Details:


Type of Agreement Short Assured Tenancy (SAT)
Length 6 Month SAT
Rent £3,600 per year / £300 per month
Yield 15.7% (at guide price)
Tenant Private Individual
Notes: New tenancy agreement signed September 2018 at £300 per month

Further Details:

Tenanted Two Bedroom Flat in popular residential area of Cumbernauld. Rental income £300 pcm. £3,600 p/annum. Private Tenant - Tenancy agreement commenced September 2018. New carpets in main bedroom and lounge. Located within walking distance to Cumbernauld town centre. SALE: 143 Greenrigg Road (SOLD) £49,995 (Oct 2007). Benefits: Double Glazing and Electric Heating. READY MADE RESIDENTIAL INVESTMENT - £300 per month INCOME. Comprises: Hallway, lounge, two bedrooms, kitchen and bathroom. INCOME PRODUCING RESIDENTIAL INVESTMENT. Rent paid direct to landlord. New carpet to hallway, new flooring to kitchen and bathroom *** PRIME Rental Area with high tenant population. Presented in good order. Double Glazing & hot water tank with heating system. Accessed via a communal close with a security entry system. Modernised internally with new carpets, kitchen and bathroom

Guide Price: £23,000 - Bid Now


What is a Guide Price...

Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set no more than 10% above or below the advertised guide price.

Bid Now Explained...

You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Map & Location:


Popular Carbrain district of Cumbernauld close to primary schooling, bus and rail links and M80 motorway networks. Great opportunity to expand property portfolio. The popular commuter town of Cumbernauld enjoys excellent transport links, shopping centre, recreational facilities including various bars, restaurants, libraries, 24 hour supermarkets, country clubs, golf clubs, Broadwood Stadium and Palace Rigg Country Park. Fully re-decorated throughout. Superb value for money, rental, investment or re-sale house *** Priced to sell with income from day 1 due to current tenancy.

Viewings:


Internal Open Viewings...


This property may be open for internal viewings at specified times which will be listed on this page when available. You do not need to register to attend these viewings, you can simply turn up as the property will be open during the scheduled times. Our viewing agent will be present to answer any of your questions and provide auction catalogues to viewers.

External Viewings Anytime...


You may view this property externally at any time. Please make sure that if the property is occupied or tenanted that you respect the privacy of the occupants. Additionally we advise that you print a copy of this schedule and take it with you in case of any neighbours questioning you at the property as to your intentions.

Auction Details:



  • Auction Date...

    04 December 2018


  • Start Time...

    7.00pm


  • Auction Location...

  • Glasgow Radisson Hotel

  • 301 Argyle Street, G2 8DL


Directions...

Glasgow Radisson | Edinburgh Marriott


Registration...

You will need to be at the auction prior to the 7.00pm start time in order to register & make your way to the auction room. Bidding registration opens from 6:00pm. You will be required to present Photo ID and provide your contact and solicitor details in order to register.

Legal Packs...

All legal packs will be available for inspection at our offices on the day of the auction and at the auction hall from 6:00pm.

Deposits...

If you are a successful purchaser of a lot then a deposit of 10% (minimum £3,000 or lower if specified) will be required. The deposit is accepted by the following methods:

Deposit Method...

Switch, Debit Card, Credit Card, Cash or Bankers Draft accepted only. Next Day Bank Transfer by prior arrangement only.

How To Bid:


Offer Now...

You may submit an offer now on any of our live properties for the sellers to consider. If they are will are willing to sell you the property now then it is a matter of making the 10% deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Bid Live in Person...

Easily the best method is to attend the auction in person. The Glasgow Radisson is conveniently located in the Glasgow City Centre, a short walk from the Central Train Station and easily accessed from the M8 Motorway. The Edinburgh Marriott Hotel is conveniently located just minutes from Edinburgh Airport and the city centre.

Bid by Phone Live...

If you cant make the auction in person you can still make a live bid by telephone for this property. You will give instruction live over the phone with one of our staff in the room who will bid on your behalf and relay activity in the auction room. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...
Proxy & Phone bidders phone... Download the Telephone Bidders Form

Bid by Proxy... (Ebay Style Highest Bid)

This is another option if you cannot make the auction in person. A Proxy bid is where you will leave your highest maximum bid for the property and the auctioneer will bid on your behalf. You will only ever bid one increment higher than the previous bidder. Proxy bidding rules out any potential issues with telephone reception or nerves regarding bidding in person or by telephone. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...

Proxy & Phone bidders phone... Download the Proxy Bidders Form