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Strawfrank Road, Carstairs ML11 1 bed flat for sale
Strawfrank Road, Carstairs ML11
£45,000
Strawfrank Road, Carstairs ML11
£45,000
Our Summary
- We are excited to bring to market this tenanted 1 bed flat located within a sought-after location in Carstairs* RARE AUCTION PROPERTY * *48, Strawfrank Road, Carstairs sold for £145,123, 58a, Strawfrank Road sold for £120,000 * Currently tenanted, the occupant is paying £395 PCM / £4740 PA providing an exceptional annual gross yield at 8
- 94%, an excellent investment opportunity for a shrewd investor
- PART OF PORTFOLIO SALE- 150 Glen Avenue, ML9 1LA / 66 Glen Avenue, ML9 1LA, / 58 Strawfrank Road, ML11 8RD / 7 Coronation Street, ML11 8QY / 9 Coronation Street, ML11 8QY Property is professionally managed and is fully compliant, sure to appeal to an investor looking for Turnkey Investment Property We are excited to bring to market this tenanted 1 bed flat located within a sought-after location in Carstairs * RARE AUCTION PROPERTY * Sales Evidence: * 28, Glen Avenue, Larkhall, Lan ML9 1JL sold for £126,000, 26, Glen Avenue, Larkhall, Lanarkshire ML9 1JL sold for £121,000 * * High Yielding Investment * Currently tenanted, the occupant is paying £675 PCM / £8100 PA providing an exceptional annual gross yield at 10
- 8%, an excellent investment opportunity for a shrewd investor
- This lot is open to immediate offers and offered at a fantastic price to ensure an Auction sale
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
- We are excited to bring to market this tenanted 1 bed flat located within a sought-after location in Carstairs* RARE AUCTION PROPERTY *
Description
This is a rare auction property, a tenanted 1-bedroom flat located in a sought-after area of Carstairs. The property is currently generating a high annual gross yield of 8.94% from the £395 PCM rent paid by the tenant. The flat is part of a portfolio sale and is professionally managed, making it an attractive turnkey investment opportunity for a shrewd investor. The local area has seen strong sales recently, with nearby properties selling for £145,123 and £120,000, demonstrating the demand for properties in the area. The property is located in a peaceful rural setting with excellent transport links to Glasgow, Edinburgh, and beyond, making it ideal for commuters. The village of Carstairs Junction offers a blend of history, connectivity, and rural charm, making it a welcoming community for those looking to enjoy the best of both worlds.