OPENING BID

Timed Online Auction

29 January 2021, 10am-4pm

Bidding Closes in

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  • TypeFlat
  • Ownership Freehold
  • Occupation Vacant
  • Bedrooms 2
  • Council Tax Search SAA

Description

Full Address: 128 Millcroft Road, Cumbernauld, G67 2QQ

TWO BEDROOM FLAT in central Cumbernauld. Current rental income of 299 - combined 3,600 per annum. All payments up to date and currently paid directly to landlord

Property comprises Entrance hallway, Lounge, Kitchen, Bathroom and 2 Double Bedrooms. HIGH DEMAND RENTAL LOCATION near to town centre shopping with car parking area and communal entrance/secure entry

Popular Residential Area of Cumbernauld. SALES EVIDENCE: 90 Millcroft Road SOLD 31,000, 92 Millcroft Road SOLD 37,500, 102 Millcroft Road SOLD 29,000, 112 Millcroft Road SOLD 38,000

Centrally located for the town centre. Wide range of shops available locally including ASDA and Tesco supermarkets. Cumbernauld train station is a short 10-minute walk from the property

The popular commuter town of Cumbernauld enjoys shopping and recreational facilities including various bars, restaurants, libraries, 24 hour supermarkets, country clubs, golf clubs, Broadwood Stadium

*** Ideal Buy to Let Investment *** TWO BEDROOM FLAT in central Cumbernauld. Current rental income of 299 per property per month. PRT tenancy agreements to private tenant. RENTAL INCOME is 3,600. All payments up to date. COMPRISES: Entrance hallway, Lounge, Kitchen, Bathroom and two Double Bedrooms. HIGH DEMAND RENTAL LOCATION near to town centre with car parking area and communal entrance. Popular Residential Area of Cumbernauld. SALES EVIDENCE: 90 Millcroft Road SOLD 31,000, 92 Millcroft Road SOLD 37,500, 102 Millcroft Road SOLD 29,000, 112 Millcroft Road SOLD 38,000. High Rental Demand area - Near to schools and amenities. (TENANCY DETAILS UN-VERIFIED By Auctioneers). Awaiting documentation from landlords

Cumbernauld enjoys numerous shopping and recreational facilities with a popular shopping centre, various restaurants and a popular public library. The property is ideally located for the commuter: close to Motorway links. Close to M80 motorway providing links to Stirling and Glasgow and Edinburgh via M8. The Property is centrally located close to Town Centre which has a wide range of shops including ASDA superstore and Tesco Extra. Cumbernauld train station is a short 10-minute walk from the property and there are bus links directly outside on street

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Location

Pricing Information & Bidding

Opening Bid: £18,750

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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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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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 1.25% of Sale Price (Minimum £2,500 + vat)

* STANDARD TERMS are 4 week completion with 1 week entension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

Auction Details

Date & Time: 29 January 2021, 10am-4pm
Type: Timed Online Auction

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