Sold Prior

43, Houldsworth Crescent, Shotts, North Lanarkshire, ML7 5AJ

Sold Prior

  • Flat
  • 1 Bedroom
  • Tenure: Freehold

Call the team on 0141 339 4466 for more information

Auction Date

Thu 31/01/2019

Auction Time

14:00

Auction Venue

Radisson Red, 25 Tunnel Street, Glasgow, G3 8HL

One bedroom flat

This spacious one-bedroom upper cottage flat would make a perfect addition to the portfolio of a buy to let investor as there is currently a long term tenant in situ paying £320 per calendar month. The accommodation on offer comprises large lounge with feature fireplace, original cornicing and ceiling rose, double bedroom, kitchen and bathroom. The property benefits from double glazed windows and gas central heating. Externally, there is a good sized private rear garden which is mainly laid to lawn and off street parking on the communal driveway to the side. We are expecting high levels of interest due to the fantastic yield of over 14% so early viewing is strongly advised.

Tenure

Freehold

Home Report £35,000

Fantastic current yield of over 19%

Long term tenant in place

Good public transport links

Popular residential location

Current rental income £320pcm / £3,840pa

Area

Located in the village of Allanton, between the larger towns of Shotts and Newmains, which provides a good variety of local amenities including a large 24 Hour Super Store, Post Office, Local Shops and Health Centre, the village itself has a local Primary School. A great area for the commuter to both Glasgow and Edinburgh with railway stations situated nearby at Hartwood, Cleland and Shotts and the main M8 and M74 Motorway links are easily accessible which also provide good access throughout central Scotland and beyond.

Comparable

39 Houldsworth Crescent Sold £35,000 07/18

Energy Efficiency Rating (EPC)

Current Rating C

Local Authority

North Lanarkshire Council

Additional Fees

Administration Charge - Purchasers will be required to pay an auction fee of £2,000 inc VAT unless otherwise stated

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