Income from day one - tenanted opportunity

Going under the hammer is this superb opportunity to acquire this two bedroom cottage flat on Citadel Place, Motherwell within walking distance of schools and local shops. The property comprises a first floor cottage flat with two spacious double bedrooms, lounge, kitchen with a range of wall and base units and three-piece bathroom suite. The property further benefits from an enclosed back garden. This property currently has a long-term tenant currently paying £5400 per annum, which is below the up-to-date LHA which is currently £6582. This property would make a fantastic addition to a buy to let portfolio and early expression of interest is highly recommended. Council Tax Band: A.

Tenure

Freehold

Area

Located in Motherwell, with Strathclyde Country Park just a short stroll away for walking, cycling and outdoor fun. The property is close to excellent schools, local shops, supermarkets and Motherwell Town Centre, with its range of cafes and amenities. Transport links are superb, with quick access to the M74 for commuting to Glasgow, Edinburgh and beyond, and Motherwell Train Station nearby, making this location as practical as it is peaceful.

Energy Efficiency Rating (EPC)

Current Rating C

Local Authority

North Lanarkshire Council

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.