East Main Street, Flat 1, Broxburn... 1 bed flat for sale

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East Main Street, Flat 1, Broxburn... 1 bed flat for sale

East Main Street, Flat 1, Broxburn, West Lothian EH52
£53,000

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 Details16 January 2025, 3pm Deadline for OffersHow 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 an excellent yield of over 18% if achieved for the guide price. The property requires upgrading and is situated in an excellent location with easy access to local amenities and shops. The freehold property has a guide price and is available for cash purchase only. The local council has issued a defective building notice on properties in the block, making it unsuitable for mortgage purposes. The auctioneers expect a strong interest in this property, given the local sales evidence of similar properties in the area selling for £65,000 to £111,000.
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