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Mount Stewart Street, Carluke ML8 2 bed flat for sale
Mount Stewart Street, Carluke ML8
£65,000
Mount Stewart Street, Carluke ML8
£65,000
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 that offers immediate cashflow. The 2-bedroom flat is currently rented out for £406.90 per month, generating a 7.5% yield, and has potential for rent increase to the current market rate of £650. The property is situated in a prime location, next to local amenities and transport links, making it an attractive investment opportunity. With a Home Report value of £70,000, this property is sure to appeal to investors looking for a high-yielding property with excellent cashflow. The property features an entrance hallway, 2 bedrooms, living room, kitchen, bathroom, and large storage space throughout, making it a great opportunity for those looking to expand their portfolio.