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Description

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

SUPER INVESTMENT OPPORTUNITY*** Traditional 1 bedroom flat in the heart of the popular commuter town of Bellshill sold with settled tenant in place. IMMEDIATE RETURN ON INVESTMENT***

EXCELLENT BUY-TO-LET INVESTMENT PROPERTY*** Currently LET at £575pcm (£6,900 Per Annum) tenant in situ since 01/04/24. Recently Renovated.

First floor property comprises Entrance Hallway, Lounge, Double Bedroom, Kitchen and Shower Room. Gas Central Heating, Double Glazing and on-street parking. Council Tax Band A.

Local Sales Evidence; 33 Flat 14, Belvidere Road, Bellshill, Lan ML4 2DZ recently SOLD for £102,550 in August 2024***

POPULAR COMMUTER LOCATION with excellent access to Glasgow City Centre- only 10 miles with super access via M74, M8 and train. Short walk from 2 large supermarkets, town centre amenities and schooling

SUPER INVESTMENT PROPERTY*** Traditional 1 bedroom flat in the heart of the popular commuter town of Bellshill sold with settled tenant in place. IMMEDIATE RETURN ON INVESTMENT*** EXCELLENT BUY-TO-LET INVESTMENT PROPERTY*** Currently LET at £575pcm (£6,900 Per Annum) tenant in situ since 01/04/24. Recently Renovated. First floor property comprises Entrance Hallway, Lounge, Double Bedroom, Kitchen and Shower Room. Gas Central Heating, Double Glazing and on-street parking. Local Sales Evidence; 33 Flat 14, Belvidere Road, Bellshill, Lan ML4 2DZ recently SOLD for £102,550 in August 2024*** POPULAR COMMUTER LOCATION with excellent access to Glasgow City Centre- only 10 miles with super access via M74, M8 and train. Short walk from 2 large supermarkets, town centre amenities and schooling.

Bellshill has a local resident population of circa 20,000 persons and is located 2 miles to the north of Motherwell and 10 miles to the east of Glasgow city centre. Excellent bus and train services with easy access to a comprehensive motorway system including the M8, M73 and the M74. Ideal for reaching all over Scotland and to the South. Situated in a popular rental location with high demand.

Full Address: 23A Belvidere Road, Bellshill, ML4 2DZ

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Tenancy Details

Type of Agreement: Basic Lease
Length:
Rent: £6,900 per year / £575 per month
Yield: 14% (approx)
Tenant: Private Individual
Notes:

Document Downloads

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Pricing Information & Bidding

Opening Bid: £50,000

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)
  • £2000 + VAT for sellers legal fees

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

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Auction Details

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

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