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1 bedroom flat for sale
East Main Street, Flat 1, Broxburn, West Lothian EH52
£48,000
East Main Street, Flat 1, Broxburn, West Lothian EH52
£48,000
Our Summary
- HIGH YIELDING INVESTMENT OPPORTUNITY, Realistic rent in the area £750pcm giving an annual income of £9,000 & offering superb yield of 18% if achieved for guide price
- Requires Upgrading
- *Cash purchase only* Auction Details12 December 2024, 10am-3pm Timed Online AuctionHow to Bid Now Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY
- Future Property Auctions - Scotland's Largest Land and Property Auction House
Description
This top-floor, one-bedroom flat in Broxburn offers a high-yielding investment opportunity with a realistic rent of £750 per month, generating an annual income of £9,000 and a potential yield of over 18% if achieved for the guide price. The freehold property requires upgrading and is situated in an excellent location with easy access to local amenities and shops. The auctioneers note that the local council has issued a defective building notice on properties in the block, making it a cash-only purchase and potentially unsuitable for mortgage purposes. The property is being sold through a timed online auction on December 12, 2024, with bidding details available on the auctioneer's website.