1 bedroom flat for sale

• Prime Property Auctions New Entry. Large 1 bedroom tenanted property. Property is currently tenanted at £425 per calendar month.
• * 4 Greenfield Quadrant, Motherwell, ML1 5TF sold for £77,000 July 2023, 15 Greenfield Quadrant, Motherwell, ML1 5TF sold for £74,995 Jan 2021 *
• Property is being sold with sitting tenant paying £425 pcm which provides an annual income of £5,100 which would provide a gross yield of 11.3% if achieved at Guide of £45,000.
• Excellent Opportunity to buy an immediate cashflowing investment. Sure to appeal to investors looking for easy buy to let property to add their portfolio.
• Located on the outskirts of Motherwell just off the High Street (B7066). Quiet street with parking and within walking distance to amenities and Brannock High School.

 

Prime Property Auctions New Entry. Large 1 bedroom tenanted property. Property is currently tenanted at £425 per calendar month. Property comprises: Hallway with storage and meter cupboard, vestibule, front facing lounge, kitchen, bedroom and bathroom. Understairs storage area. Features Double Glazing and Gas Central Heating.

 

Excellent Opportunity to buy an immediate cashflowing investment. Sure to appeal to investors looking for easy buy to let property to add their portfolio. Property is being sold with sitting tenant paying £425 pcm which provides an annual income of £5,100 which would provide a gross yield of 11.3% if achieved at Guide of £45,000.

 

Rental potential of £475 - £575 per calendar month which would provide an annual rent of £5,700 - £6,900. Should the rent be increased to market levels it would provide a gross yield of 12.7% - 15.3%

Excellent scope for capital growth given local sales evidence. * 4 Greenfield Quadrant, Motherwell, ML1 5TF sold for £77,000 July 2023, 15 Greenfield Quadrant, Motherwell, ML1 5TF sold for £74,995 Jan 2021 *

Excellent BRRR Opportunity. Sure to appeal to investors looking for an easy lettable flat in a sought after location with great potential for Capital Growth. The local areas seen some great sales recently showing that there is strong demand.

Property has a Guide price of £45,000 and is sure to appeal to investors looking for a property that they can put their own stamp on.

Potentially high yielding investment property.

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” button on our website.

This property is offered at a fantastic price to ensure an Auction sale.

The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

 

Location:

Located in a quiet residential Estate on the outskirts of Motherwell and close to Junction 6 of the M8 Motorway at Newhouse, ideal access for commuters to either Glasgow or Edinburgh. The property comes with gas central heating and double glazing, there is a private garden and parking.

The village of Newarthill lies to the North of Motherwell, a great commuter area serving the whole of central Scotland with good road networks including the M8 and M74 motorways nearby. There is also a local train station a few minutes walk from the property. Good amenities and facilities are close by, including an excellent 18 hole golf course and leisure complex, newly opened Motherwell college, excellent schools to both Primary and secondary levels and a great variety of shops and retail parks. The property is located near to motorway network links allowing easy access to Glasgow and Edinburgh. Local amenities include shops, primary and secondary schools and conveniently located for the town of Motherwell with its wide and varied selection of facilities.