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1 bedroom flat for sale
Main Street, Coatbridge ML5
£23,000
Main Street, Coatbridge ML5
£23,000
Our Summary
- *Turnkey tenanted investment opportunity* Currently tenanted at £350 per month / £4200 per annum which represents 12% yield at guide price* * The property has a main door access and additional security entry system* Comprising lounge kitchen, bedroom and bathroom* Located around an enclosed roof terrace with 2 other flats* *The property is located on the upper level above commercial premises on the town's Main Street
- * *Close to all town centre amenities with easy access to transport links including Coatbridge Central railway station which gives direct link to Glasgow City Centre* *TURNKEY INVESTMENT*12% YIELD AGAINST GUIDE PRICE* SETTLED TENANT* EXCELLENT LONG TERM INVESTMENT* QUIET SECLUDED POSITION*LOW GUIDE PRICE* NO ADS AT GUIDE PRICE*Auction Details28 November 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 is a turnkey tenanted investment opportunity located on the upper level above commercial premises on the town's Main Street. The property has a main door access and additional security entry system, comprising a lounge, kitchen, bedroom, and bathroom, and is situated around an enclosed roof terrace with two other flats. The property is currently tenanted at £350 per month, generating a 12% yield against the guide price. The tenant is settled, and the property offers a quiet and secluded position with easy access to town centre amenities and transport links, including Coatbridge Central railway station. The guide price is set at a low level, making it an excellent long-term investment opportunity. The property will be sold through a timed online auction on November 28, 2024.