Poolewe Drive, Redding, Falkirk FK2 2 bed flat for sale

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Poolewe Drive, Redding, Falkirk FK2 2 bed flat for sale

Poolewe Drive, Redding, Falkirk FK2
£74,000

Our Summary

  • Included within the sale is a separate garage located nearby* *Fantastic turnkey investment opportunity, established tenant paying £625 pm / £7,500 pa which represents a strong yield of 10
  • Auction Details23 May 2025, 12pm 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
  • AUCTION DATE: 23 May 2025

Description

This well-presented 2-bedroom upper flat is located in a popular residential area and offers a fantastic turnkey investment opportunity. The property features an entrance hallway, lounge, kitchen, 2 bedrooms, and bathroom, and comes with a separate garage nearby. An established tenant is currently paying £625 per month, representing a strong yield of 10.7% against the current guide price. The property is professionally managed by a letting agent, ensuring a hands-free investment experience. With rent paid up to date and no arrears, this is an attractive opportunity for investors. Recent sales evidence in the area suggests solid immediate equity if bought around the guide price, and the current market rental value is £750 per month.