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Mount Stewart Street, Carluke ML8 2 bed flat for sale
Flat 1, 2 Mount Stewart Street, Carluke, ML8 5EB
£55,000
Flat 1, 2 Mount Stewart Street, Carluke, ML8 5EB
£55,000
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 of £70,000. The property is situated in a popular rental area, next to local amenities and transport links, making it an attractive location for tenants. With potential to increase the rent to the current market rate of £650, this property offers a high yielding investment opportunity. The property features an entrance hallway, two bedrooms, living room, kitchen, bathroom, and large storage space throughout. With a Home Report of £70,000, this property is sure to appeal to investors looking for a prime commercial investment.