Tenanted Investment, Jerviston Court... 1 bed flat for sale

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Tenanted Investment, Jerviston Court... 1 bed flat for sale

Tenanted Investment, Jerviston Court, Motherwell, North Lanarkshire, ML1 4BS
£27,000

Our Summary

  • This lot will be sold under auction terms and conditions and purchase will be on an unconditional basis
  • The auction will take place online
  • Auction fees/ Buyers Premium and deposit payment will be due immediately upon fall of the hammer- Deposit will be 10% of purchase price with the remainder to paid through licenced conveyancer
  • Seller has indicated that pre-auction offers will be considered for this lot accordingly this lot may be sold before the advertised auction date

Description

This tenanted one-bedroom property is located in a popular residential area in Motherwell, with easy access to Glasgow and Edinburgh. The property is currently occupied by a sitting tenant with an excellent payment history, generating an immediate rental income of £350 per month (£4,200 per year). The property is a great addition to a buy-to-let portfolio, as it is in high demand and offers a low rent for the area. The property itself is well-appointed, featuring an entrance hallway, lounge, kitchen, double bedroom, and bathroom, all enhanced by double glazing and parking. With its strong rental location and easy access to transport links, supermarkets, and sports facilities, this property is an attractive investment opportunity for anyone looking to generate a steady income.