Lomond Road, Coatbridge ML5 2 bed flat for sale

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Lomond Road, Coatbridge ML5 2 bed flat for sale

Lomond Road, Coatbridge ML5
£64,000

Our Summary

  • SUPER INVESTMENT OPPORTUNITY* Tenanted two bedroom ground floor flat in popular residential location within Coatbridge
  • PERFECT INVESTMENTAuction Details17 April 2025, 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
  • AUCTION DATE: 17 April 2025

Description

This is a fantastic investment opportunity for a buy-to-let property in a highly sought-after location in Coatbridge, Scotland. The two-bedroom ground-floor flat is currently tenanted, generating an immediate rental income of £8,340 per annum, which is £695 per month. The property is situated close to the town centre and major amenities, including a Tesco supermarket and two train stations, making it an attractive option for renters. The local sales evidence suggests that similar properties in the area have sold for high prices, including a recent sale of £121,500 in September 2024. The property is being sold through a timed online auction, which will take place on April 17, 2025, and is a great opportunity for investors to secure a lucrative rental property with minimal hassle.
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