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Lot 127

55 and 61 Dervaig Gardens, Airdrie, ML6 7TN

Guide Price: £55,000

Tenanted Freehold Flat Offer Now Available


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Key Features:

Portfolio of two THREE Bedroom Flats within a short drive to Airdrie Town Centre - SUPER SIZED 3 BEDROOM FLATS - Both tenanted on SAT agreements. Both Double Glazed. 61 benefits from Single Car Garage


  • COMPRISES: Reception Hallway, Living Room 16’1” x 12’7. Large Fitted Kitchen 12 feet x 9’5”, Bedroom 1: 12’ x 11’2”, Bedroom 2: 13’2 x 12 feet, Bedroom 3: 11’3” x 9’10. FULL SIZED THREE BED FLATS
  • Sale - 12 Dervaig Gardens SOLD £57,400. Rental INCOME £350 PER PROPERTY to £8.400 --- Popular investment properties as ideal for commuting to Glasgow circa 30 minutes and Edinburgh 40 mins
  • Airdrie train station and the Town Centre driving distance --- Sale on instructions of Asset Management Company --- Excellent Value for Money as ideal family rental - CURRENTLY TENANTED
  • Stunning Views Over Surrounding Countryside. Local amenities are available in the nearby village of Greengairs, with main amenities available in either Cumbernauld or Airdrie approximately 4 miles


Ownership

Freehold

- Outright ownership of the property and land on which it stands.
Occupation

Tenanted

- Existing tenant in place with lease agreement to be assigned to the new purchaser at the time of completion.
Council Tax

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Tenancy Details:


Type of Agreement Short Assured Tenancy (SAT)
Length
Rent £8,400 per year / £700 per month
Yield 15.3% (at guide price)
Tenant Private Individual
Notes: Both flats are tenanted to private families at £350 per month (each property). Annual income is £8,400 offering a yield of 18.3% (Tenancy Details and Lease details un-verified by auctioneers)

Full Details:

Portfolio of two THREE Bedroom Flats within a short drive to Airdrie Town Centre - SUPER SIZED 3 BEDROOM FLATS - Both tenanted on SAT agreements. Both Double Glazed. 61 benefits from Single Car Garage. COMPRISES: Reception Hallway, Living Room 16’1” x 12’7. Large Fitted Kitchen 12 feet x 9’5”, Bedroom 1: 12’ x 11’2”, Bedroom 2: 13’2 x 12 feet, Bedroom 3: 11’3” x 9’10. FULL SIZED THREE BED FLATS - Sale - 12 Dervaig Gardens SOLD £57,400. Rental INCOME £350 PER PROPERTY to £8.400 --- Popular investment properties as ideal for commuting to Glasgow circa 30 minutes and Edinburgh 40 mins - Airdrie train station and the Town Centre driving distance --- Sale on instructions of Asset Management Company --- Excellent Value for Money as ideal family rental - CURRENTLY TENANTED - TENANCY DETAILS UN-VERIFIED By Auctioneers. Awaiting documentation from landlords

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0141-632-6599

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Guide Price: £55,000 - Offer Now


What is a Guide Price...

Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Unless specified all properties are subject to a Reserve (minimum acceptable price) which we expect will be set no more than 10% above or below the advertised guide.

Offer Now Explained...

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.

Map & Location:


Airdrie Train Station and the Town Centre both within easy driving distance. Super rental income due to location and size of property. Airdrie has a good selection of shops and schools and the property driving distance from the M8 motorway for commuting to either Glasgow (30 minutes) or Edinburgh (55 minutes). North Lanarkshire including Cumbernauld, Coatbridge and Stepps are also convenient. The A80 can be easily reached and connects to Stirling and Glasgow. Excellent rental potential as central for professionals for commuting and for schooling at primary + secondary levels, recreational and shopping amenities. Recommended investment opportunity providing opportunity to generate a high yield/return

Viewings:


IMPORTANT NOTICE...


Due to Government advice on COVID-19 no viewings are currently possible. We advise all interested parties to follow social distancing rules for safety.

Auction Details:



  • Auction Date...

    17 July 2020, 5pm


  • Auction Location...

  • Deadline for Offers


How To Bid:


Offer Now...

You may submit an offer now on any of our live properties for the sellers to consider. If they are will are willing to sell you the property now then it is a matter of making the 10% deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.