OPENING BID

Timed Online Auction

27 January 2022, 10am-3pm

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  • TypeHouse
  • Ownership Freehold
  • Occupation Tenanted
  • Bedrooms 3
  • Council Tax Search SAA

Description

Full Address: 72 Greenrigg Road, Cumbernauld, G67 2PS

**IMMEDIATE INCOME PRODUCING INVESTMENT** Large 3 Bedroom terraced house with settled long-term tenant paying 6,000 per annum rental. Prime buy-to-let location of Cumbernauld.

PERFECT INVESTMENT PROPERTY with settled long-term tenant with perfect payment history. PROPERTY TO BE SOLD WITH TENANT IN PLACE giving immediate rental income of 500pcm (6,000 per annum).

Property comprises Entrance Hallway, Lounge, Kitchen, Bathroom, W.C and 3 Double Bedrooms. Enhanced by Gas Central Heating, Double Glazing and Enclosed garden.

PRIME BUY TO LET INVESTMENT LOCATION with excellent access to town centre with shopping centre and major supermarkets. Easy access to Stirling, Falkirk and Glasgow City Centre via super public transport and road links.

The popular town of Cumbernauld enjoys shopping and recreational facilities including various bars, restaurants, libraries, 24 hour supermarkets, country clubs, golf clubs and Broadwood Stadium.

**IMMEDIATE INCOME PRODUCING INVESTMENT** Large 3 Bedroom terraced house with settled long-term tenant paying 6,000 per annum rental. Prime buy-to-let location of Cumbernauld. PERFECT INVESTMENT PROPERTY with settled long-term tenant with perfect payment history. PROPERTY TO BE SOLD WITH TENANT IN PLACE giving immediate rental income of 500pcm (6,000 per annum). Property comprises Entrance Hallway, Lounge, Kitchen, Bathroom, W.C and 3 Double Bedrooms. Enhanced by Gas Central Heating, Double Glazing and Enclosed garden. PRIME BUY TO LET INVESTMENT LOCATION with excellent access to town centre with shopping centre and major supermarkets. Easy access to Stirling, Falkirk and Glasgow City Centre via super public transport and road links. The popular town of Cumbernauld enjoys shopping and recreational facilities including various bars, restaurants, libraries, 24 hour supermarkets, country clubs, golf clubs and Broadwood Stadium.

Located a short distance from Cumbernauld Town Centre where you will find an abundance of supermarkets, coffee shops, bars and of course the Antonine Shopping Mall. The main motorway links are also close by where you can reach the Glasgow and Edinburgh directions. Cumbernauld is a large town in North Lanarkshire, Scotland. It is the ninth most populous locality in Scotland and the most populated town in north Lanarkshire, positioned in the centre of Scotland's Central Belt. Cumbernauld offers a major shopping centre, supermarket shopping and includes many bars and restaurants as well as 3 popular golf clubs as well as various other recreational and sporting activities.

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: rolling
Rent: 6,000 per year / 500 per month
Yield: 9% (approx)
Tenant: Private Individual
Notes: tenant in place since March 2018. All rent payments up to date. Perfect payment history

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Location

Pricing Information & Bidding

Opening Bid: £52,000

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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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: 27 January 2022, 10am-3pm
Type: Timed Online Auction

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