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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 1
  • Council Tax: Search

LARGE 1 bedroom tenanted flat in perfect rental location within the popular town of Larkhall. IMMEDIATE INCOME OF £5,100 PER ANNUM.

Currently LET at £425pcm (£5,100 PER ANNUM). ***IMMEDIATE RETRUN ON INVESTMENT*** Perfect for buy-to-let investor looking to expand portfolio.

Local Sales Evidence; 66, Hareleeshill Road, Larkhall, Lanarkshire ML9 2RB (2 bed) SOLD for £68,000 in Nov 2023***

Larkhall boasts a wide and varied range of shops, bars, restaurants, banks and building societies with further facilities available in neighbouring Hamilton and Lanark.

Super rental location within Larkhall offering excellent access to train station, town centre and local schooling. Excellent commuter location for Glasgow & central belt close to M74 motorway.

LARGE 1 bedroom tenanted flat in perfect rental location within the popular town of Larkhall. IMMEDIATE INCOME OF £5,100 PER ANNUM. Currently LET at £425pcm (£5,100 PER ANNUM). ***IMMEDIATE RETRUN ON INVESTMENT*** Perfect for buy-to-let investor looking to expand portfolio. Local Sales Evidence; 66, Hareleeshill Road, Larkhall, Lanarkshire ML9 2RB (2 bed) SOLD for £68,000 in Nov 2023*** Super rental location within Larkhall offering excellent access to train station, town centre and local schooling. Excellent commuter location for Glasgow & central belt close to M74 motorway.

The town of Larkhall boasts a wide and varied range of shops, bars, restaurants, banks and building societies with further facilities available in neighbouring Hamilton and Lanark. Larkhall affords access to primary, secondary and further education facilities.

Full Address: 28 Nevison Street, Larkhall, ML9 2QG

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Tenancy Details

Type of Agreement: Basic Lease
Length:
Rent: £5,100 per year / £425 per month
Yield: 19% (approx)
Tenant: Private Individual
Notes: £425pcm

Document Downloads

Home Report (Available) Legal Pack (Available)

Pricing Information & Bidding

Opening Bid: £27,000

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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Terms of Sale

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

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

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Auction Details

Date & Time: 12 December 2024, 10am-3pm
Type: Timed Online Auction

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