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Description

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

Excellent Location - Studio Apartment located within modern residential development close to transport links. Freehold Residential Sale. Resident's Private Parking. Secure Door Entry.

COMPRISES: Reception hallway, lounge with kitchen and bedroom and shower room. Gas Central Heating. Tenant pays £4,800 per annum (£400 pcm). All rent is up to date with super payment history.

Large communal garden to rear. Walking distance to open parkland. Close to main commuter routes, A725, M8, M74, M73. READY MADE INVESTMENT. Bright and light apartment. Professionally Managed.

Bellshill is popular with commuters owing to it's excellent transport links offering easy access to Hamilton, Motherwell, Glasgow City centre and Edinburgh. HIGH DEMAND RENTAL LOCATION.

Properties in Brandon Place had an overall average price of £62,500 over the last year. Overall, sold prices in Brandon Place over the last year were 14% up on the previous year. Freehold Sale.

IMMEDIATE INCOME PRODUCING INVESTMENT. Excellent Location - Studio Apartment located within modern residential development close to transport links. Freehold Residential Sale. Resident's Private Parking. Secure Door Entry. Excellent payment history. Short walk from 2 large supermarkets, town centre amenities and schooling. PERFECT BUY-TO-LET INVESTMENT sold with settled tenant in place. Tenant pays £4,800 per annum (£400 pcm). All rent is up to date with super payment history. Easy investment property in popular area. HIGH YIELDING INVESTMENT in the popular Bellshill Town Centre. Super access to local shop, bars, cafes and restaurants with CONSTANT TENANT DEMAND and potential for increased rental figures. 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. EPC Rating - Band C Studio apartment with tenant in place paying £400 per month. Managed by Letting Agent. Large communal garden to rear. Walking distance to open parkland. Close to main commuter routes, A725, M8, M74, M73. READY MADE INVESTMENT. Bright and light apartment. IMMEDIATE INCOME PRODUCING INVESTMENT. SUPER SIZED PROPERTY PRESENTED IN EXCELLENT ORDER - Sold with extremely settled tenant in place with tenancy professionally managed. Low rent for area with potential rental of up to £500 pcm - £6,000 per annum. LOCAL SALE: 44 Hamilton Road, Bellshill, £125,000 (February 2022).

Bellshill has a 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 public transport links with bus and train services with easy access to a comprehensive motorway system including the M8, M73 and the M74. Ideal location for commuting all over Scotland and the South. Situated in a popular rental location with high demand.

Full Address: 38 Brandon Place, Bellshill, ML4 2UU

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Annual
Rent: £4,800 per year / £400 per month
Yield: 13% (approx)
Tenant: Private Individual
Notes: Studio apartment with tenant in place paying £400 per month. Managed by Letting Agent.

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Pricing Information & Bidding

Opening Bid: £38,000

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).

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SPECIAL Terms of Sale

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

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Auction Details

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

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