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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 1
  • Council Tax: Search

IMMEDIATE INCOME PRODUCING INVESTMENT. Tenanted 1 bedroom property in super rental location within Bellshill. FULLY REFURBISHED IN 2022. Immediate rental income of £5,400 per annum (£450pcm).

PERFECT INVESTMENT PROPERTY. First floor, MAIN DOOR apartment in SUPER RENTAL SPOT. Ideally placed for local amenities and transport links. LOCAL SALE: 44 Hamilton Road, Bellshill, £125,000- Feb 2022

SUPER SIZED PROPERTY PRESENTED IN EXCELLENT ORDER- sold with extremely settled tenant in place with tenancy professionally managed. Low rent for area with potential rental of up to £525pcm (£6,300p.a)

FPA is advised that all payments are up to date and tenant has perfect payment history. Tenancy is professionally manged. Excellent yield with income of £450pcm (£5,400 per annum). Settled tenant.

POPULAR COMMUTER LOCATION with excellent access to Glasgow City Centre- only 10 miles with super access via M74, M8 and train. Short walk from 2 large supermarkets, town centre amenities and schooling

POPULAR COMMUTER LOCATION with excellent access to Glasgow City Centre- only 10 miles with super access via M74, M8 and train. Short walk from 2 large supermarkets, town centre amenities and schooling. PERFECT INVESTMENT PROPERTY. First floor, MAIN DOOR apartment in SUPER RENTAL SPOT. Ideally placed for local amenities and transport links. LOCAL SALE: 44 Hamilton Road, Bellshill, £125,000- Feb 2022 SUPER SIZED PROPERTY PRESENTED IN EXCELLENT ORDER- sold with extremely settled tenant in place with tenancy professionally managed. Low rent for area with potential rental of up to £525pcm (£6,300p.a). FPA is advised that all payments are up to date and tenant has perfect payment history. Tenancy is professionally manged. Excellent yield with income if £450pcm (£5,400 per annum). Settled tenant. POPULAR COMMUTER LOCATION with excellent access to Glasgow City Centre- only 10 miles with super access via M74, M8 and train. Short walk from 2 large supermarkets, town centre amenities and schooling

Bellshill has a local resident population of circa 20,000 persons and is located 2 miles to the north of Motherwell and 10 miles to the east of Glasgow city centre. Excellent bus and train services with easy access to a comprehensive motorway system including the M8, M73 and the M74. Ideal for reaching all over Scotland and to the South. Situated in a popular rental location with high demand.

Full Address: 4E Hamilton Road, Bellshill, ML4 1AQ

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: rolling
Rent: £5,400 per year / £450 per month
Yield: 12% (approx)
Tenant: Private Individual
Notes: professionally managed.

Document Downloads

Home Report (Available) Legal Pack (Available)

Pricing Information & Bidding

Opening Bid: £44,000

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: 02 May 2024, 10am-3pm
Type: Timed Online Auction

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