This is a turnkey investment opportunity for a two-bedroom flat located in the Forgewood area of Motherwell, Scotland. The property is currently tenanted with a settled tenant and is managed by a professional letting agency, generating a current rent of £350 per month (£4,200 per annum) with a yield of 16.8% against the guide price. The flat is situated in a popular rental area with local amenities including bus and train links, sports facilities, and shops. The property is priced to sell quickly and is ideal for investors looking for a hands-free investment with income from day one. The local area has a strong rental market, with similar properties in the area selling for between £31,500 and £38,000. The flat is available through a timed online auction on October 17, 2024, and interested bidders can submit an enquiry or visit the auction house's website for more information.