1 Bedroom  Flat LOT 43

85 Union Road, Camelon, FK1 4PG
OPENING BID

Timed Online Auction

27 January 2022, 10am-3pm

Bidding Closes in

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

Description

Full Address: 85 Union Road, Camelon, FK1 4PG

Tenanted Investment Opportunity. Large 1 Bedroom flat located in a popular Buy to let location of Camelon, Falkirk. *** HOME REPORT VALUATION £45,000 (Copy available for immediate download).

First floor flat comprises; Entrance hallway, Living Room, Kitchen, Bedroom, Box room and shower room. Ample storage space. Communal garden / drying area to the rear. On street parking available.

Perfect property for Buy-to-let investor / landlord looking to add to portfolio. Immediate rental income of £4,500 Per Annum. Scope for rent increase with similar properties £500 - £525 pcm

Local Sales Evidence; 9 Clyde Street, Falkirk FK1 4ED (2 bed) SOLD for £82,000 in Oct 2021*** 15 Clyde Street, Falkirk FK1 4ED (2 bed) SOLD for £74,000 in Oct 2021***

Camelon is placed to the west of Falkirk town centre provides an excellent range of shopping, schooling and transport links including Camelon station.

Tenanted Investment Opportunity. Large 1 Bedroom flat located in a popular Buy to let location of Camelon, Falkirk. *** HOME REPORT VALUATION £45,000 ( Copy available for immediate download ). First floor flat comprises; Entrance hallway, Living Room, Kitchen, Bedroom, Box room and shower room. Communal garden to the rear. On street parking available. Benefits from Gas Central heating and Double Glazing throughout. Well placed for local amenities, motorway access and Camelon main line station. *** LONG TERM TENANT*** Currently LET of £375pcm - low rent for this area due to the tenant being in situ since December 2012. Realistic Rental potential of £525pcm (£6,300 Per Annum). Perfect property for Buy-to-let investor / landlord looking to add to portfolio. Immediate rental income of £4,500 Per Annum. Excellent Investment Opportunity. Local Sales Evidence; 9 Clyde Street, Falkirk FK1 4ED (2 bed) SOLD for £82,000 in Oct 2021*** 15 Clyde Street, Falkirk FK1 4ED (2 bed) SOLD for £74,000 in Oct 2021*** Camelon is placed to the west of Falkirk town centre provides an excellent range of shopping, schooling and transport links including Camelon station.

Conveniently located for schools, recreational pursuits and the Central Retail Park complex with Bannatyne’s Gym, Pizza Hut, McDonalds, Tesco, a Cinema etc being literally at the end of road. Area benefiting from much regeneration. Easy access to Falkirk town centre and the town is handy for both Glasgow and Edinburgh via excellent motorway and transport links on M876, M9 and M80.

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Floorplans

85  Union Road  Camelon

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Rolling
Rent: £4,500 per year / £375 per month
Yield: 12% (approx)
Tenant: Private Individual
Notes: Rented from Dec-2012 at £375 pcm. Low rent, market rent around £500 pcm.

Document Downloads

HOME REPORT AVAILABLE - Download Now LEGAL PACK AVAILABLE - Download Now

Location

Pricing Information & Bidding

Opening Bid: £29,000

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

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