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Description

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

***IDEAL INVESTMENT OPPORTUNITY. 2 bedroom flat located within HIGH DEMAND rental location in the heart of Coatbridge. Close to a number of amenities with IMMEDIATE RENTAL INCOME***

Excellent investment property within extremely popular rental/commuter location close to major amenities and close to major transport links with access to Glasgow City centre in under 30 minutes.

***Ideal purchase for buy to let investor with excellent yield of over 13% at guide price , in high demand rental location. CURRENT RENTAL FIGURE OF £650PM /£7,800PA***

***High yielding turnkey investment property with existing tenant***Income generating property from day one***Full letting management service can be provided for hands free investors***

***Easy access to train stations at Blairhill, Whifflet & Kirkwood all within 5 minutes walk of the property. Mainline connections to Motherwell, Glasgow city centre & Edinburgh***

***IDEAL INVESTMENT OPPORTUNITY. 2 bedroom flat located within HIGH DEMAND rental location in the heart of Coatbridge. Close to a number of amenities with IMMEDIATE RENTAL INCOME*** ***Excellent investment property within extremely popular rental/commuter location close to major amenities and close to major transport links with access to Glasgow City centre in under 30 minutes*** ***Ideal purchase for buy to let investor with excellent yield of over 13% at guide price , in high demand rental location. CURRENT RENTAL FIGURE OF £650PM £7,800PA*** ***High yielding turnkey investment property with existing tenant***Income generating property from day one***Full letting management service can be provided for hands free investors*** ***Easy access to train stations at Blairhill, Whifflet & Kirkwood all within 5 minutes walk of the property. Mainline connections to Motherwell, Glasgow city centre & Edinburgh***

Close to excellent transport links. Conveniently placed for easy access to Glasgow city centre with the local Whifflet train station and the M8, M73 and M74 interchange all located close by to ensure a speedy link to the central belt's efficient motorway network. The commercial and superb retail centre of Glasgow and be easily accessed in less than 15 minutes by car, while the first rate leisure and shopping facilities of nearby Glasgow Fort and East Kilbride offers a convenient option as another centre to visit. Coatbridge Town Centre with its bars and restaurants are within a very short walking distance. The local Primary and High Schools, as well as Coatbridge College are all within a 10-minute walk of the property

Full Address: 16 Calder Street, Flat C, Coatbridge, ML5 4ET

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length:
Rent: £7,800 per year / £650 per month
Yield: 16% (approx)
Tenant: Private Individual
Notes:

Document Downloads

Home Report (Pending) Legal Pack (Available)

Pricing Information & Bidding

Opening Bid: £48,000

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: 20 March 2025, 10am-3pm
Type: Timed Online Auction

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