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199 Main Street, Flat C Blantyre
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Description
***Freehold 1 bedroom flat with vacant possession*** First floor flat located above terrace of commercial units in detached building*** *** RICS QUALIFIED HOME REPORT VALUE OF £45,000 ***
***Great potential for airbnb (subject to licensing. Potential nighty rates up to £75. Substantial income potential*** this low-cost, high-yield property is presented in walk-in condition.
***The property comprises, lounge with open plan kitchen, inner hallway, double bedroom, shower room and storage. Presented in walk in condition with neutral decor and double glazing***
**High demand rental area. Potential rental up to £575 per month which represents a potential yield of 19.7% based on guide price. Full letting management package available for hands free investment**
***Low cost flat. Fully refurbished. Walk in condition. High potential rental yield. Ideal first time buyer flat.***
An exceptional, fully refurbished 1-bedroom first-floor flat located within an established residential and commercial area of Blantyre. Positioned above a terrace of commercial units in a detached building, this low-cost, high-yield property is presented in walk-in condition with neutral decor, modern double glazing, and an ideal layout for first-time buyers or buy-to-let investors. ***Freehold 1 bedroom flat with vacant possession*** First floor flat located above terrace of commercial units in detached building*** *** RICS QUALIFIED HOME REPORT VALUE OF £45,000 *** ***Great potential for airbnb (subject to licensing. Potential nighty rates up to £75. Substantial income potential*** ***The property comprises, lounge with open plan kitchen, inner hallway, double bedroom, shower room and storage. Presented in walk in condition with neutral decor and double glazing*** Bright lounge with an open-plan kitchen, an inner hallway, a well-proportioned double bedroom, a contemporary shower room with bath and built-in storage Strong Rental Potential: High demand rental area with estimated returns of up to £575 per month (approx. 19.7% yield against the guide price). Full letting management packages are available for hands-free investment. Airbnb Potential: Excellent location and layout well-suited for short-term letting / Airbnb (subject to necessary licensing), with potential nightly rates up to £75. ***Low cost flat. Fully refurbished. Walk in condition. High potential rental yield. Ideal first time buyer flat.*** Some rooms have been digitally furnished to showcase potential layouts. Actual property is offered unfurnished.
Maps & Location
Map Street View Satellite199C Main Street is situated within the established town of Blantyre, South Lanarkshire, approximately 8 miles south-east of Glasgow city centre. The property occupies a convenient central position with a good range of local shops, services and amenities available within Blantyre and the surrounding area. The town benefits from excellent transport connections. Blantyre Railway Station provides regular services towards Glasgow and other destinations across the central belt, while the nearby A725 and M74 motorway network offer convenient road access to Glasgow, Hamilton, East Kilbride and the wider motorway network. Blantyre has a broad mix of residential and commercial development and serves a substantial local population. Nearby Hamilton provides an extensive range of additional retail, leisure and business facilities. The property's Main Street location provides convenient access to local amenities and public transport, making it well positioned for occupiers, investors and businesses seeking premises within an established South Lanarkshire town.
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Pricing Information & Bidding
Opening Bid: £35,000
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
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Terms & Conditions of Sale
- 10% Deposit (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
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STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer for each property which may differ in deposit amount, completion and buyers fee.
* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.
General Terms & Conditions of Sale
Lot Specific Terms - 199Main Street, Flat C, Blantyre