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Kildonan Court, Wishaw ML2 2 bed flat for sale
3 Kildonan Court, Newmains, Wishaw, ML2 9DL
£5,000
3 Kildonan Court, Newmains, Wishaw, ML2 9DL
£5,000
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 large 2-bedroom tenanted flat in Newmains, Wishaw, is a fantastic opportunity for shrewd investors looking for a readily let property with great yield and capital growth potential. The property is currently tenanted at £550 per month, generating a gross annual income of £6,600 and producing a fantastic rental yield of 12% based on the guide price. With a Home Report value of £70,000, the property is offered at a fantastic price and is a turnkey investment. The property is located in a sought-after location, close to local amenities and just a short 28-minute drive from Glasgow City Centre. The property comprises a ground floor layout with an entrance hallway, lounge/kitchen, two bedrooms, and a family bathroom. With a professional letting agency managing the property, this is an excellent buy-to-let opportunity for investors looking to generate a steady income.