1 bedroom flat for sale
Key information
Property description & features
- Tenure: Freehold
- Tenanted Investment
- Immediate rental income
- Close to transport links
- Popular rental area
- Easy access to Glasgow and Edinburgh
Tenanted Investment Property.
Perfect property for investors. 1 Bedroom flat in popular residential area in Motherwell with excellent access to transport links.
The property will be sold with a sitting tenant. Tenant has excellent payment history and all rent is up to date. The property generates an immediate rental income of £350 per month (£4,200 per year).
This is low rent for the area with average rental income for a 1 bedroom flat being £450 per month (£5,400 per year). Perfect Investment.
The large property comprises Entrance Hallway, Lounge, Kitchen, Double Bedroom and Bathroom. Enhanced by Double Glazing and parking.
Strong rental location with high demand driven by the popular location close to transport, supermarkets and sports facilities. Close to Strathclyde Park and Dalziel Park.
Motherwell is located in North Lanarkshire and offers easy access to Glasgow and Edinburgh. Easy access to M74 and M8 motorways. Close to Motherwell Train Station.
Popular with commuters- only 15 miles from the centre of Glasgow and 40 miles from Edinburgh.
Note to buyer. This lot will be sold under auction terms and conditions and purchase will be on an unconditional basis. The auction will take place online. Please ensure all research has been carried out prior to bidding including examination of legal documents and any queries in relation to planning.
Auction fees/ Buyers Premium and deposit payment will be due immediately upon fall of the hammer- Deposit will be 10% of purchase price with the remainder to paid through licenced conveyancer.
Seller has indicated that pre-auction offers will be considered for this lot accordingly this lot may be sold before the advertised auction date. Contact Braveheart Auctions for further information.
Register now to bid on this property with Braveheart Auctions- Scotland’s premier destination for Land, Property and Whisky.
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Property reference jerv13. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Braveheart Auctions - Elgin.
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Broadband availability and predicted speed: obtained from Ofcom on January 6, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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