Kildonan Court, Newmains ML2 2 bed flat for sale

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Kildonan Court, Newmains ML2 2 bed flat for sale

2 Kildonan Court, Newmains, ML2 9DL
£58,000

Our Summary

  • This property is 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

Description

This prime new entry is a large 2-bedroom flat located in a sought-after buy-to-let location in Wishaw, North Lanarkshire. Currently tenanted at £475 per month, generating a gross annual income of £5,100, the property offers an excellent yield if achieved for its guide price. With the potential to achieve £695-£725 per month, this is a fantastic opportunity for shrewd investors looking for a readily let property with great yield and capital growth potential. The property benefits from a prime location, close to local amenities and just a short 28-minute drive from Glasgow City Centre, and features a communal garden, off-road parking, and ample storage throughout. With a Home Report valuation of £70,000 and previous sales evidence of £85,000, £100,000, and £95,000 in the surrounding area, this property is a turnkey investment opportunity that is open to immediate offers and will feature in an upcoming timed online auction.