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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 2
  • Council Tax: Search

TENANTED INVESTMENT OPPORTUNITY*** Large TWO bedroom flat in popular residential location within Cumbernauld close to amenities and transport links.

IMMEDIATE RETURN ON INVESTMENT*** Two bedroom flat currently LET at £359pcm (£4,308 Per Annum).

HIGH DEMAND RENTAL LOCATION near to town centre with car parking area and communal entrance. PERFECT BUY-TO-LET PROPERTY***

Local Sales Evidence; 17c, Millcroft Road, Cumbernauld, Glasgow, G67 2QE (3 bed) SOLD for £43,000 in July 2023***

Centrally located close to Town Centre which has a wide range of shops including ASDA superstore and Tesco Extra. Cumbernauld train station is a short 10-minute walk from the property

TENANTED INVESTMENT OPPORTUNITY*** Large TWO bedroom flat in popular residential location within Cumbernauld close to amenities and transport links. IMMEDIATE RETURN ON INVESTMENT*** Two bedroom flat currently LET at £359pcm (£4,308 Per Annum). Local Sales Evidence; 17c, Millcroft Road, Cumbernauld, Glasgow, G67 2QE (3 bed) SOLD for £43,000 in July 2023*** HIGH DEMAND RENTAL LOCATION near to town centre with car parking area and communal entrance. PERFECT BUY-TO-LET PROPERTY*** potential cpo - we understand there has been a regeneration project in the area and some properties are subject to compulsory purchase orders. Buyers are advised to satisfy themselves prior to bidding on properties in this area as to their current status. Centrally located close to Town Centre which has a wide range of shops including ASDA superstore and Tesco Extra. Cumbernauld train station is a short 10-minute walk from the property

Cumbernauld enjoys numerous shopping and recreational facilities with a popular shopping centre, various restaurants and a popular public library. The property is ideally located for the commuter: close to Motorway links. Close to M80 motorway providing links to Stirling and Glasgow and Edinburgh via M8. The Property is centrally located close to Town Centre which has a wide range of shops including ASDA superstore and Tesco Extra. Cumbernauld train station is a short 10-minute walk from the property and there are bus links directly outside on street

Full Address: 100 Millcroft Road, Cumbernauld, G67 2QQ

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Tenancy Details

Type of Agreement: Basic Lease
Length:
Rent: £4,308 per year / £359 per month
Yield: 22% (approx)
Tenant: Private Individual
Notes: £359pcm

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Legal Pack (Available)

Pricing Information & Bidding

Opening Bid: £20,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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SPECIAL Terms of Sale

  • 10% Deposit
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

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Auction Details

Date & Time: 05 December 2024, 10am-3pm
Type: Timed Online Auction

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