Timed Online Auction

21 October 2021, 10am-3pm

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  • TypeFlat
  • Ownership Freehold
  • Occupation Tenanted
  • Bedrooms 2
  • Council Tax Search SAA

Description

Full Address: 74 McPherson Crescent, First Floor, Airdrie, ML6 8XL

Two bedroom tenanted investment in residential area in Chapelhall, Airdrie. Sure to appeal to buy to let landlords looking for a HIGH RETURNING INVESTMENT OPPORTUNITY.

Comprises; Entrance Hallway, Two Bedrooms, Living room, Kitchen and bathroom. On street parking available. Opportunity for landlords to expand a BUY TO LET PORTFOLIO.

Ideal investment property located in POPULAR COMMUTER LOCATION. Immediate rental income of 425 per month (5,100 Per Annum).

McPherson Crecent is conveniently positioned for commuting between Glasgow and Edinburgh with junction 6 of the M8 motorway located nearby.

READY LET INVESTMENT PROPERTY located a short drive from Airdrie town centre which has a wide range of services and amenities.

Two bedroom tenanted investment in residential area in Chapelhall, Airdrie. Sure to appeal to buy to let landlords looking for a HIGH RETURNING INVESTMENT OPPORTUNITY. Comprises; Entrance Hallway, Two Bedrooms, Living room, Kitchen and bathroom. On street parking available. Opportunity for landlords to expand a BUY TO LET PORTFOLIO. Ideal investment property located in POPULAR COMMUTER LOCATION. Immediate rental income of 425 per month (5,100 Per Annum). Located a short drive from Airdrie town centre which has a wide range of services and amenities including a theatre, library, local shopping, banking and recreational facilities. Airdrie town has a local rail and bus station which connects to most areas including Edinburgh & Glasgow. Located within in close proximity to both Primary and Secondary Schools. Sure to appeal to buy to let landlords looking for a HIGH RETURNING INVESTMENT OPPORTUNITY. Excellent rental as central for professionals for commuting and for schooling at primary + secondary levels, recreational and shopping amenities. Recommended investment opportunity providing opportunity to generate a high yield/return.

Airdrie Train Station and the Town Centre both within easy driving distance. Super rental income due to location and size of property. Airdrie has a good selection of shops and schools and the property driving distance from the M8 motorway for commuting to either Glasgow (30 minutes) or Edinburgh (55 minutes). North Lanarkshire including Cumbernauld, Coatbridge and Stepps are also convenient. The A80 can be easily reached and connects to Stirling and Glasgow.

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Tenancy Details

Type of Agreement: Basic Lease
Length:
Rent: 5,100 per year / 425 per month
Yield: 10% (approx)
Tenant: Private Individual
Notes:

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Location

Pricing Information & Bidding

Opening Bid: £40,000

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).

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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 = 2.5% of Sale Price (Minimum £2,500 + vat)

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

Auction Details

Date & Time: 21 October 2021, 10am-3pm
Type: Timed Online Auction

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