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
£29,000

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 one-bedroom property in Motherwell is a fantastic opportunity for investors, offering a settled tenant in place with a rental income of £350 per month (£4,200 per year). The property is located in a popular residential area with excellent access to transport links, supermarkets, and sports facilities, making it a high-demand rental spot. The property itself features a spacious layout with an entrance hallway, lounge, kitchen, double bedroom, and bathroom, enhanced by double glazing and parking. With a low rent for the area, this property is expected to generate significant returns. The seller is willing to consider pre-auction offers, and the property will be sold under auction terms and conditions on an unconditional basis. Don't miss this chance to add to your buy-to-let portfolio with this fantastic investment opportunity.