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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 1
  • Council Tax: Search

HIGH YIELDING INVESTMENT. Traditional 1 bedroom flat in the heart of the popular commuter town of Bellshill sold with settled tenant in place. Immediate rental income of £400pcm (£4,800 per annum).

Good sized property in EXCELLENT LOCATION- comprises Entrance Hallway, Lounge, Kitchen, Double Bedroom and Bathroom. Enhanced by Double Glazing, Residents Parking and Secure Entry System.

PERFECT BUY-TO-LET INVESTMENT sold with settled tenant in place. Tenant pays £4,800 per annum (£400 pcm). All rent is up to date with super payment history. Easy investment property in popular area.

HIGH YIELDING INVESTMENT in the popular Bellshill Town Centre. Super access to local shop, bars, cafes and restaurants with CONSTANT TENANT DEMAND and potential for increased rental figures.

POPULAR COMMUTER LOCATION with excellent access to Glasgow City Centre- only 10 miles with super access via M74, M8 and train. Short walk from 2 large supermarkets, town centre amenities and schooling

HIGH YIELDING INVESTMENT. Traditional 1 bedroom flat located in the heart of the popular commuter town of Bellshill sold with settled tenant in place. Immediate rental income of £400pcm (£4,800 per annum). Good sized property in EXCELLENT LOCATION- comprises Entrance Hallway, Lounge, Kitchen, Double Bedroom and Bathroom. Enhanced by Double Glazing, Residents Parking and Secure Entry System. PERFECT BUY-TO-LET INVESTMENT sold with settled tenant in place. Tenant pays £4,800 per annum (£400 pcm). All rent is up to date with super payment history. Easy investment property in popular area. HIGH YIELDING INVESTMENT in the popular Bellshill Town Centre. Super access to local shop, bars, cafes and restaurants with CONSTANT TENANT DEMAND and potential for increased rental figures. POPULAR COMMUTER LOCATION with excellent access to Glasgow City Centre- only 10 miles with super access via M74, M8 and train. Short walk from 2 large supermarkets, town centre amenities and schooling

Bellshill has a local resident population of circa 20,000 persons and is located 2 miles to the north of Motherwell and 10 miles to the east of Glasgow city centre. Excellent bus and train services with easy access to a comprehensive motorway system including the M8, M73 and the M74. Ideal for reaching all over Scotland and to the South. Situated in a popular rental location with high demand.

Full Address: 369 Main Street, Tenanted Investment, Bellshill, ML4 1AW

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: rolling
Rent: £4,888 per year / £407 per month
Yield: 17% (approx)
Tenant: Private Individual
Notes:

Document Downloads

Home Report (Available) Legal Pack (Available)

Pricing Information & Bidding

Opening Bid: £29,000

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).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

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Offer Now... 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.

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • 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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