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3 bedroom terraced house for sale
137 Troon Avenue, East Kilbride, G75 8TL
£85,000
137 Troon Avenue, East Kilbride, G75 8TL
£85,000
Our Summary
- Prime Property Auctions is excited to present this excellent investment opportunity, a 3 bedroom spacious terrace house, located within the popular buy-to-let area of East Kilbride
- Sold with owner not in possession *** RARE AUCTION PROPERTY *** ***179, Troon Avenue, East Kilbride, Glasgow, Lanarkshire, G75 8TL Sold for £156,000 in July 2023, 161, Troon Avenue, East Kilbride, Glasgow, Lanarkshire, G75 8TL *** Property is currently tenanted at a rent of £575 per month (£6,900 per annum) which would generate a gross yield of 7
- *** POTENTIALLY HIGH YIELDING INVESTMENT OPPORTUNITY *** If run as an Airbnb or short term let, the property could achieve a nightly rent of £138, generating £40,296 per annum based on an 80% occupancy rate
- *** PRIME LOCATION *** Prime Property Auctions is excited to present this excellent investment opportunity, a 3 bedroom spacious terrace house, located within the popular buy-to-let area of East Kilbride
- Sold with owner not in possession *** RARE AUCTION PROPERTY *** ***179, Troon Avenue, East Kilbride, Glasgow, Lanarkshire, G75 8TL Sold for £156,000 in July 2023, 161, Troon Avenue, East Kilbride, Glasgow, Lanarkshire, G75 8TL *** Property is currently tenanted at a rent of £575 per month (£6,900 per annum) which would generate a gross yield of 7
- *** POTENTIALLY HIGH YIELDING INVESTMENT OPPORTUNITY *** If run as an Airbnb or short term let, the property could achieve a nightly rent of £138, generating £40,296 per annum based on an 80% occupancy rate
- This lot is open to immediate offers and offered at a fantastic price to ensure an Auction sale
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
- Location: East Kilbride, situated in South Lanarkshire, presents an attractive investment opportunity with its strategic location and diverse economy
Description
Prime Property Auctions presents a rare investment opportunity, a 3-bedroom spacious terrace house in East Kilbride, Glasgow, with a guide price of £156,000. The property is currently tenanted at £575 per month, generating a gross yield of 7.26%, and could achieve a higher yield of 10.7% if rented between £800-£850 per month. Alternatively, it could be run as an Airbnb or short-term let, generating an impressive gross yield of 42.4% based on an 80% occupancy rate. The property is located in a prime area, near local amenities, schools, and public transport, making it an attractive investment opportunity for savvy investors. With a strong demand for properties in the area, this is a rare chance to secure a great deal and capitalize on the potential for high yields.