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Lot 190

3 and 7 St Charles Avenue, Carstairs Junction, ML11 8PQ

Guide Price: £60,000

Tenanted Freehold Flat Offer Now Available


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Key Features:

*** PORTFOLIO SALE *** Two flats in same street in quiet semi-rural location. Recently renovated 1 BEDROOM FLATS located minutes from Carstairs train station. Benefits parking, GCH, Full DG and modern internal condition. Currently rented on SAT agreements - Rental income £450 per month - £5,400 per annum (scope for increase)


  • Both properties comprise: Rec hallway, lounge, kitchen, double bedroom and bathroom. Well maintained internally by tenants. Both rented to long term tenants - Quiet area. Completely refurbished throughout - Great Investment Properties
  • Great location - Within 45 minutes commute of both Glasgow and Edinburgh. Regular train service throughout the week - Popular with commuters. TENANTS SETTLED and RENT PAID DIRECT TO LANDLORD/OWNER - Ready made residential Investment
  • Sales evidence: 33 St Charles Ave SOLD £67,500. 27 St Charles Ave SOLD £77,500. 9 St Charles Avenue SOLD for £65,000** Lies in close proximity to the popular town of Lanark only approx. 10 minutes by car. Central location. Both properties in WALK IN CONDITION - Great rental properties for portfolio expansion
  • The property is situated in a centrally located area, 5 minutes’ walk from East/West Coast train Station and 1 minutes’ walk from the local Nursery and Primary School. The property is situated in a quiet residential area in the village of Carstairs Junction


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 1 year
Rent £5,400 per year / £450 per month
Yield 9.0% (at guide price)
Tenant Private Individual
Notes: Two 1 Bedroom Flats tenanted on SAT Agreements with rent paid direct to landlord. £450 per month income All payments up to date and received monthly

Full Details:

*** PORTFOLIO SALE ** Two flats in same street in quiet semi-rural location. Recently renovated 1 BEDROOM FLATS located minutes from Carstairs train station with mainline connections to England and Edinburgh/Glasgow. Benefits from private parking, GCH, Double Glazing and modern internal condition. Currently rented on SAT agreements - Rental income £450 per month - £5,400 per annum (scope for increase). Both properties comprise: Rec hallway, lounge, kitchen, double bedroom and bathroom. Well maintained internally by tenants. Both rented to long term tenants - Quiet area. Completely refurbished throughout - Great Investment Properties for landlord portfolio expansion. Quiet countryside location within 45 minutes commute of both Glasgow and Edinburgh. Regular train service throughout the week - Popular with commuters. TENANTS SETTLED and RENT PAID DIRECT TO LANDLORD/OWNER - Ready made residential investment --- Corporate Sale Instruction

Guide Price: £60,000 - 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:


The property is situated in a centrally located area, 5 minutes’ walk from East/West Coast train Station and 1 minutes’ walk from the local Nursery and Primary School. The property is situated in a quiet residential area in the village of Carstairs Junction. Sales evidence: 33 St Charles Ave SOLD £67,500. 27 St Charles Ave SOLD £77,500. 9 St Charles Avenue SOLD for £65,000** Lies in close proximity to the popular town of Lanark only approx. 10 minutes by car. Central location. Both properties in WALK IN CONDITION - Great rental properties for portfolio expansion

Viewings:


Internal Open Viewings...


This property may be open for internal viewings at specified times which will be listed on this page when available. You do not need to register to attend these viewings, you can simply turn up as the property will be open during the scheduled times. Our viewing agent will be present to answer any of your questions and provide auction catalogues to viewers.

External Viewings Anytime...


You may view this property externally at any time. Please make sure that if the property is occupied or tenanted that you respect the privacy of the occupants. Additionally we advise that you print a copy of this schedule and take it with you in case of any neighbours questioning you at the property as to your intentions.

Auction Details:



  • Auction Date...

    04 February 2020, 7.00pm


  • Auction Location...

  • Glasgow Radisson

  • 301 Argyle Street, G2 8DL


View Map & Directions to the GLASGOW RADISSON >>


Registration...

You will need to be at the auction prior to the 7.00pm start time in order to register & make your way to the auction room. Bidding registration opens from 6:00pm. You will be required to present Photo ID and provide your contact and solicitor details in order to register.

Legal Packs...

All legal packs will be available for inspection at our offices on the day of the auction and at the auction hall from 6:00pm.

Deposits...

If you are a successful purchaser of a lot then a deposit of 10% (minimum £3,000 or lower if specified) will be required. The deposit is accepted by the following methods:

Deposit Method...

Switch, Debit Card, Credit Card, Cash or Bankers Draft accepted only. Next Day Bank Transfer by prior arrangement only.

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.

Bid Live in Person...

Easily the best method is to attend the auction in person. The Glasgow Radisson is conveniently located in the Glasgow City Centre, a short walk from the Central Train Station and easily accessed from the M8 Motorway. The Edinburgh Marriott Hotel is conveniently located just minutes from Edinburgh Airport and the city centre.

Bid by Phone Live...

If you cant make the auction in person you can still make a live bid by telephone for this property. You will give instruction live over the phone with one of our staff in the room who will bid on your behalf and relay activity in the auction room. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...
Proxy & Phone bidders phone... Download the Telephone Bidders Form

Bid by Proxy... (Ebay Style Highest Bid)

This is another option if you cannot make the auction in person. A Proxy bid is where you will leave your highest maximum bid for the property and the auctioneer will bid on your behalf. You will only ever bid one increment higher than the previous bidder. Proxy bidding rules out any potential issues with telephone reception or nerves regarding bidding in person or by telephone. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...

Proxy & Phone bidders phone... Download the Proxy Bidders Form