OPENING BID

Timed Online Auction

02 December 2021, 10am-3pm

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  • TypeFlat
  • Ownership Freehold
  • Occupation Tenanted
  • Bedrooms 1
  • Council Tax Search SAA

Description

Full Address: 26 Caledonian Road, Wishaw, ML2 8AR

**IMMEDIATE INCOME PRODUCING INVESTMENT** TENANTED One Bedroom Flat. First floor with main door entrance. Immediate rental income of 395pcm (4,740 per annum) offering excellent return on investment.

PERFECT INVESTMENT PROPERTY- will suit a wide range of buyers including buy to let investors and first time buyers. Easy access for Wishaw train station and popular town centre within yards. IMMEDIATE RENTAL INCOME

Accommodation comprises entrance hallway, bright lounge with open plan modern kitchen, good size double bedroom and modern bathroom. Flat is generous in size and is professionally managed by local agent.

Ideal Investment Opportunity. Modern 1 bedroom apartment in the heart of Wishaw - SETTLED TENANT WITH EXCELLENT PAYMENT HISTORY. Will be sold with tenant in place. Rental income of 4,740 per annum.

Caledonian Road is close to Wishaw Main Street offering easy access for pedestrian traffic, with Wishaw train station in walking distance. Popular Caledonian Road to the south of Wishaw Cross.

**IMMEDIATE INCOME PRODUCING INVESTMENT** TENANTED One Bedroom Flat. First floor with main door entrance. Immediate rental income of 395pcm (4,740 per annum) offering excellent return on investment. PERFECT INVESTMENT PROPERTY- will suit a wide range of buyers including buy to let investors and first time buyers. Easy access for Wishaw train station and popular town centre within yards. IMMEDIATE RENTAL INCOME. Accommodation comprises entrance hallway, bright lounge with open plan modern kitchen, good size double bedroom and modern bathroom. Flat is generous in size and is professionally managed by local agent. Ideal Investment Opportunity. Modern 1 bedroom apartment in the heart of Wishaw - SETTLED TENANT WITH EXCELLENT PAYMENT HISTORY. Will be sold with tenant in place. Rental income of 4,740 per annum. SIMILAR PROPERTIES HAVE SOLD FOR OVER 60,000 RECENTLY WITH A 1 BEDROOM PROPERTY CURRENTLY ADVERTISED AT OFFERS OVER 49,000 WITHIN WISHAW. Deposit of 395 held with Safe Deposit Scotland.

Wishaw is a popular commuter town with all the required facilities, a good range of shops, including Tesco, Morrisons, Lidl and Aldi, local markets, recreational and leisure facilities, excellent golf courses, good schools at both primary and secondary levels. Wishaw also favours commuters to both Edinburgh and Glasgow, with good transport links and road networks with easy access to both the M8 and M74 road networks giving good access to Central Scotland and beyond.

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Floorplans

26  Caledonian Road  Wishaw

Click to Enlarge Floorplan Image

Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: rolling
Rent: 4,740 per year / 395 per month
Yield: 11% (approx)
Tenant: Private Individual
Notes:

Document Downloads

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Location

Pricing Information & Bidding

Opening Bid: £32,000

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: 02 December 2021, 10am-3pm
Type: Timed Online Auction

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