Portfolio of tenanted properties at... 2 bed flat for sale

>

Portfolio of tenanted properties at... 2 bed flat for sale

Portfolio of tenanted properties at Winning Quadrant, Wishaw,
£57,000

Our Summary

  • This lot will be sold under auction terms and conditions by Braveheart AuctionsThe seller has indicated that pre-auction bids would be considered for this lot

Description

This is an immediate income-producing investment opportunity in Wishaw, consisting of two tenanted properties located in the same building. The properties, 25 Winning Quadrant and 31 Winning Quadrant, are ground floor, one-bedroom flats that generate a combined monthly rental income of £766, equivalent to £9,192 per year. The properties are settled with long-term tenants who have indicated they are happy to stay on, offering a secure income stream. The current rent for both properties is below market value, providing an opportunity to increase the rental income and yield. The properties are conveniently located in a popular residential area, close to amenities, transport links, and major employers, making it an attractive investment opportunity for buy-to-let investors.
Get a Mortgage Quote