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Calderglen Court, Airdrie ML6 27 bed flat for sale
Calderglen Court, Airdrie ML6
£295,000
Calderglen Court, Airdrie ML6
£295,000
Our Summary
- This property is sure to appeal to SHREWD Buy to Let investors looking for an attractive TURN KEY investment opportunity or Portfolio Landlords looking to Buy in Bulk
- The properties have loads of potential and could be refurbished between tenancies and sold or re-financed at higher values
- The properties have a potential to reach £490,000 if sold individually and vacant
- Rental potential of £46,200 per annumLocal sales evidence:* 311 Calderglen Courts Airdrie, ML6 8DN previously sold for £70,000, 264 Calderglen Courts Airdrie, ML6 8DW previously sold for £70,000 *The property will be entered into our upcoming online auction
Description
This attractive turnkey investment portfolio consists of 7 tenanted 3-bedroom flats in Airdrie, North Lanarkshire, currently generating a combined rent of £33,600 per year and offering an impressive yield of 10% at the guide price of £335,000. The properties are located in a central location, close to all local amenities, and have potential for refurbishment and sale or refinancing at higher values. The current rental yield is 10% at the guide price, and the properties have a potential to reach £490,000 if sold individually and vacant. This is an excellent opportunity for shrewd portfolio buy-to-let investors looking for immediate cashflow, with local sales evidence showing that similar properties have previously sold for £70,000.