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Mount Stewart Street, Carluke ML8 2 bed flat for sale
Mount Stewart Street, Carluke ML8
£45,000
Mount Stewart Street, Carluke ML8
£45,000
Our Summary
- There is potential to increase then rent to current market rent of £650 *RENT INCREASE OPPORTUNITY*Property is situated on an attractive location, next to local amenities and benefiting from local residential area *PRIME COMMERCIAL INVESTMENT*This lot is open to immediate offers
- This property is offered at a fantastic price to ensure an Auction sale
- *HOME REPORT £70,000*The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
- With its vibrant farmers' markets, welcoming community events, and surrounding scenic countryside offering numerous walking trails, Carluke represents that rare combination of livability, investment potential, and authentic Scottish character that makes a place not just somewhere to live, but somewhere to put down roots
Description
This prime new listing on Mount Stewart Street in Carluke is a fantastic opportunity for shrew investors to start or expand their portfolio with a tenanted property offering immediate cashflow. The 2-bedroom flat is currently rented out for £406.90 per month, producing a 7.5% yield if achieved for the guide price. The property is situated in a prime location, next to local amenities and transport links, and has potential for rent increases to the current market rent of £650. With a Home Report value of £70,000, this property is offered at a fantastic price to ensure an auction sale. The property is nestled in the heart of South Lanarkshire, offering a perfect blend of small-town charm and modern convenience, with steady growth in local amenities and consistent property value appreciation.