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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 2
  • Council Tax: Search

IMMEDIATE INCOME PRODUCING INVESTMENT. Fully refurbished 2 bedroom maisonette property in Craigneuk sold with settled tenant in place. Immediate rental income of £550pcm (£6,600 per annum).

SUPER SIZED 2 bedroom property was refurbished in 2021 with new kitchen and bathrooms installed. Property full re-decorated and has been extremely well maintained. Gas Central Heating. Double Glazing

Property will be sold with settled long-term tenant in place on Private Residential Tenancy. Tenant pays £550pcm (£6,600 per annum) giving excellent return on investment in popular rental spot.

SUPER RENTAL SPOT within minutes Drumgelloch Train Station, Airdrie Train Station, Tollbrae Primary School, Hilltop Primary School. Close to Town Centre, Morrisons, Lidl. Popular commuter location.

PERFECT PORTFOLIO ADDITION with immediate rental income. Secure tenant has indicated a willingness to stay in property long-term. Excellent payment history. Potential to increase rent in the future.

IMMEDIATE INCOME PRODUCING INVESTMENT. Fully refurbished 2 bedroom maisonette property in Craigneuk sold with settled tenant in place. Immediate rental income of £550pcm (£6,600 per annum). SUPER SIZED 2 bedroom property was refurbished in 2021 with new kitchen and bathrooms installed. Property full re-decorated and has been extremely well maintained. Gas Central Heating. Double Glazing. Property will be sold with settled long-term tenant in place on Private Residential Tenancy. Tenant pays £550pcm (£6,600 per annum) giving excellent return on investment in popular rental spot. SUPER RENTAL SPOT within minutes Drumgelloch Train Station, Airdrie Train Station, Tollbrae Primary School, Hilltop Primary School. Close to Town Centre, Morrisons, Lidl. Popular commuter location. PERFECT PORTFOLIO ADDITION with immediate rental income. Secure tenant has indicated a willingness to stay in property long-term. Excellent payment history. Potential to increase rent in the future.

Airdrie is located in the district of North Lanarkshire within the Central Belt of Scotland with a town population of 36,000 and a district population of 340,000. The local road network offers access throughout North Lanarkshire - Coatbridge, Cumbernauld - and there are connections to the A/M8, M73 and M80. In addition, the town's mainline railway station is accessed via nearby Broomknoll Street.

Full Address: 10E Willow Drive, Airdrie, ML6 8AN

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: rolling
Rent: £6,600 per year / £550 per month
Yield: 12% (approx)
Tenant: Private Individual
Notes:

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Home Report (Available)   Legal Pack (Pending)

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Pricing Information & Bidding

Opening Bid: £56,000

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).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

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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 = 3% of Sale Price (Minimum £3,250 + vat)

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

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Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

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Auction Details

Date & Time: 16 May 2024, 10am-3pm
Type: Timed Online Auction

View Full Auction Catalogue

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