BIDDING OPENS in...

Map & Location

Map   Street View   Satellite

Description

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

HIGH YIELDING INVESTMENT OPPORTUNITY, Realistic rent in the area £750pcm giving an annual income of £9,000 & offering superb yield of 18% if achieved for guide price. Top floor 1 bed flat in Broxburn.

Potential High Yielding investment, with an realistic rental of up to £750pm giving an annual income of £9,000pa. would provide an EXCELLENT YIELD OF OVER 18% if achieved for the guide price. FREEHOLD

PROPERTY COMPRISES:- Entrance hallway, large kitchen diner, lounge, double bedroom, shower room. Requires Upgrading. Excellent location with easy access to all local amenities and shops.

LOCAL SALES EVIDENCE:- 56/1, East Main Street, sold for £111,000 in May 2022; 32a, East Main Street, sold for £90,000 Aug 2019;14a, East Main Street, sold for £65,000 6 May 2019. *Cash purchase only*

Close to local amenities, transport links. Seldom Available Auction Property in prime locale. Broxburn, a popular West Lothian town is approximately 9 miles west of the Edinburgh City Centre

HIGH YIELDING INVESTMENT OPPORTUNITY, Realistic rent in the area £750pcm giving an annual income of £9,000 & offering superb yield of 18% if achieved for guide price. Top floor 1 bed flat in Broxburn. Potential High Yielding investment, with an realistic rental of up to £750pm giving an annual income of £9,000pa. would provide an EXCELLENT YIELD OF OVER 18% if achieved for the guide price. FREEHOLD. PROPERTY COMPRISES:- Entrance hallway, large kitchen diner, lounge, double bedroom, shower room. Requires Upgrading. Excellent location with easy access to all local amenities and shops. LOCAL SALES EVIDENCE:- 56/1, East Main Street, sold for £111,000 in May 2022; 32a, East Main Street, sold for £90,000 Aug 2019;14a, East Main Street, sold for £65,000 6 May 2019. The auctioneers understand that the local council have issued a defective building notice on properties in this block and therefore this property may not currently be suitable for mortgage purposes. *Cash purchase only*

Close to local amenities, transport links. Seldom Available Auction Property in prime locale. Broxburn, a popular West Lothian town is approximately 9 miles west of the Edinburgh City Centre. The Almondvale centre, the Designer Outlet Centre and the new Elements Centre are all just a short drive away in Livingston. Broxburn has four schools, all state funded, Broxburn Primary, Kirkhill Primary, St. Nicholas Roman Catholic Primary and Broxburn Academy. Broxburn Academy is one of the top state academies in Scotland; with its well regarded Science and Maths departments. As a commuter town serving the M8 corridor into Edinburgh and the industrial areas of Livingston, Broxburn has seen a recent increase in immigration, especially from outside Scotland.

Full Address: 42 East Main Street, Flat 1, Broxburn, West Lothian, EH52 5AE

Show More

Document Downloads

  Legal Pack (Pending)

 * Click the above 'Pending' document link to log your request and we will notify you once 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.

View Live Online Auction

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.

Submit Offer Now

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.

Payment Calculator

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.

Payment Calculator

Auction Details

Date & Time: 09 January 2025, 10am-3pm
Type: Timed Online Auction

View Full Auction Catalogue