NEW DEADLINE for OFFERS - Friday 17 July 2020 at 5pm - Submit Offer Now >>

Lot 65

79 and 95 Dalriada Crescent, Motherwell, ML1 3XT

Guide Price: £70,000

Tenanted Freehold Flat Offer Now Available


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Key Features:

Portfolio of 2 TWO BEDROOM Tenanted Flats within a popular residential area of Motherwell. Currently Tenanted with a Current Rent of £300 per Month per property (£7,200 per Annum)


  • Ideal Buy to Let Investment Portfolio - Turn Key Residential Investment with Tenants in place. Each property comprises: Hallway, Lounge, fitted kitchen, two bedrooms and bathroom. On street parking
  • LOCAL SALES EVIDENCE: 252 Dalriada Crescent SOLD £42,000, 248 Dalriada Crescent SOLD £48,500, 266 Dalriada Crescent SOLD £51,000. High Rental Demand area - Near to schools and amenities
  • Both properties Benefits from Double Glazing and Communal Gardens to the rear --- RESIDENTIAL TURN KEY INVESTMENT WALK-IN PROPERTY --- Priced for Quick Auction Sale - Tenant in occupation
  • Close to local shops and school (Braidhurst) with ample amenities available in nearby Motherwell Town Centre within minutes. Excellent Value for Money as ideal family rental - CURRENTLY TENANTED


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

Search Council Records

- Click the above link to search the latest records for this postcode.

Tenancy Details:


Type of Agreement Short Assured Tenancy (SAT)
Length
Rent £7,200 per year / £600 per month
Yield 10.3% (at guide price)
Tenant Private Individual
Notes: Both flats are tenanted to private families at £350 per month (each property). Annual income is £7,200 offering a high yield return (Tenancy Details and Lease details un-verified by auctioneers)

Full Details:

Portfolio of 2 TWO BEDROOM Tenanted Flats within a popular residential area of Motherwell. Currently Tenanted with a Current Rent of £300 per Month per property (£7,200 per Annum). Ideal Buy to Let Investment Portfolio - Turn Key Residential Investment with Tenants in place. Each property comprises: Hallway, Lounge, fitted kitchen, two bedrooms and bathroom. On street parking. LOCAL SALES EVIDENCE: 252 Dalriada Crescent SOLD £42,000, 248 Dalriada Crescent SOLD £48,500, 266 Dalriada Crescent SOLD £51,000. High Rental Demand area - Near to schools and amenities. (TENANCY DETAILS UN-VERIFIED By Auctioneers). Awaiting documentation from landlords

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MORE INFORMATION LEGAL DOCS & HOME REPORTS

Phone:

0141-632-6599

Email:

info@future-auction.com

Guide Price: £70,000 - 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:


Glasgow and Cumbernauld approx (25 minutes) or Edinburgh (55 minutes). Priced to sell fast. Local amenities include bus and train links, sports facilities including the newly refurbished Aquatec Centre. Close to local shops and school (Braidhurst) with ample amenities available in nearby Motherwell Town Centre within minutes. All payment sup to date and tenant wishes to remain in property. Motherwell and Bellshill train stations both within minutes *** Popular rental area with demand

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.